The Import Export Code, or IEC number, is a commonly used designation. The Directorate General of Foreign Trade issues the ten-digit Import & Export Code (DGFT). A business that engages in import and export must possess an IEC registration certificate. Business Expansion: Selling your goods or services internationally will help you grow your company. You can sell goods outside of India thanks to IEC.
Export Subsidies: Based on IEC, companies or firms can receive benefits and subsidies from the DGFT, Customs, and export promotion council for their exports and imports.
Lifetime validity: Once you have completed the IE Code Registration process and submitted all necessary paperwork, the IE Code is given to the entity for as long as it exists and does not need to be renewed. No Return Filing is Required: IE Code does not
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