IMPORT EXPORT CODE
When importing or exporting from India, an IEC licence is one of the requirements. Importer-Exporter Code is another name for it. Anyone who wants to start an import/export firm in the nation, the person need an IEC (Import Export Code). The Director General of Foreign Trade (DGFT) is the one who issues it. IEC is a 10-digit code that is valid for a lifetime. Generally, importers merchants cannot import products without an Import Export Code, and exporters merchants cannot take advantage of DGFT incentives such as the export plan, etc., without an IEC.
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