The Importer Exporter Code (IEC) is a ten digit number granted by the Directorate General of Foreign Trade under Ministry of Commerce and Industry, to any bonafide person/ company for carrying out import/export. Below are some clarifications in the form of FAQs about the IEC Code which is necessary for importing and/or exporting.

1. What is the IEC?

IEC or Importer Exporter Code is a unique 10 digit code issued by DGFT – Director General of Foreign Trade, Ministry of Commerce, Government of India to Indian Companies and individuals to enable them carry International Trade. This numeric code is issued on the basis of the PAN of the entity.

2. Why is the IEC required?

To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code number, unless specifically exempted.

3. Who can get an IEC?

An individual or a company who wants to do international business can get an IEC. Individuals can use either the name of their company or their name directly to apply for IEC.

Also read: How to start an export business

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