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Import Export Code (IEC) is a registration required for any business involved in importing or exporting goods and services from India. An IEC is issued by the Directorate General of Foreign Trade (DGFT). It is a 10-digit code that has a lifetime validity and does not require any renewal.
Import Export Code is a ten digit code which is essential for every business to obtain who wants to indulge in import export activities. In India DGFT issues IEC. IEC Registration is the first thing that businesses need to import or export any item from India to some other nation. IEC registration paves the way for many new opportunities for business personnel..
The provisions that cover the application of the IE Code can be found in the Handbook of Provisions at Paragraph 2.08. The Vide general notice no 27/2015 – 2020 on the 08/08/2018, where the indicated para was modified and the modifications can be applied with reference to IEC application is provided as: An online application in the form ANF 2A must be submitted by the importer/exporter. Only two documents are required to be submitted by the applicant which are the bank certificate or a printed cheque and evidence of address..