An Importer Exporter Code IEC is crucial business identification number which mandatory for export from India or Import to India. Unless specifically exempted, any person shall make no export or import without obtaining an IEC. For services exports, however, IEC shall not be necessary except when the service provider is taking benefits under the Foreign Trade Policy. Consequent to the introduction of GST, IEC being issued is the same as the PAN of the Firm. However, the IEC will still be separat
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Import and Export Code is to be obtained by the business entity for import into or export from India. Import and Export Code is popularly known as the IEC number. Import and Export Code is a ten-digit unique number issued by the Directorate General of Foreign Trade DGFT.
IEC registration certificate is mandatory for a business involved in import and export. Hence, before initiating an import of goods into India, an importer must ensure that the importing entity has GST registration and IE code – both of which are required to clear customs. Businesses have a great option to enter the international market with the export and import of the products and the services they are involved in. The IE code is an essential requirement while entering the global market as it supports the growth and development of the business to a certain extent. There are various advantages of getting an Import Export Code.
PAN
Aadhar
Certificate of Incorporation
Bank Statement
DSC
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