What is Importer -Exporter Code? The IEC code, or Importer Exporter Code, is a crucial element in exporting from India. It's a unique 10-digit alphanumeric code issued by the Directorate General of Foreign Trade (DGFT) that serves as a business identification number for import and export activities. Here's a breakdown of the IEC code's significance in exporting: • Mandatory Requirement: An IEC code is mandatory for any entity or individual looking to export from India. You cannot conduct export

What is IEC Code in Export? IEC, or Import-Export Code, is a 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT) in India. It is a mandatory requirement for businesses or individuals involved in international trade, specifically for those who wish to engage in the import or export of goods and services from India. 1. Essential for International Trade: The IEC code is a crucial document for any entity that wants to participate in cross-border trade activities.

How to Update your IEC Code from DGFT If you are an exporter then it is important for you to keep your IEC Code Updated from DGFT. IEC Code is very important in Export Import Business, every exporter and Importer must have an IEC Code to do Export Import Business. The Authority responsible for processing and approving an IEC is DGFT – Directorate General of Foreign Trade. All Individuals planning to start their Export Import Business must make an application for IEC code before committing to any