Import-Export Code (IEC) Registration
Import Export Code (also known as IEC) is a 10 digit identification number that is issued by the DGFT (Director General of Foreign Trade), Department of Commerce, Government of India. It is also known as Importer Exporter Code.It is mandatory for every Entity to obtain this code to start a business that deals with import and export in the Indian Territory (Goods and/or Services). It is not possible to deal with export or import business without this code.
IEC does not require the filing of any returns. Once allotted, there isn’t any requirement to follow any sort of processes for sustaining its validity. Even for export transactions, there isn’t any requirement for filing any returns with DGFT.