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The Import Export Code (IEC) is the cornerstone of international trade for businesses in India. It’s a mandatory license issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, allowing businesses to engage in importing or exporting goods and services. If you’re considering expanding your business across borders, obtaining an IEC is your first step.What Is an Import Export Code?The IEC is a 10-digit code that acts as a business’s identification for all import and export activities. It is... more