May 18, 2022
IEC (Import Export Code) is required by anyone who is looking to kick-start his/her import/export business. It is issued by the DGFT (Director General of Foreign Trade). IEC is a 10-digit code which has a lifetime validity. Predominantly importers merchant cannot import goods without the Import Export Code and similarly, the exporter merchant cannot avail benefits from DGFT for the export scheme, etc. without IEC.
Before you start import/export , obtaining an IEC (Import Export Code) is a pre-requisite. This is a unique 10-digit number that will help you in establishing your identity in front of the Authorities. An IEC is necessary for import/export of goods. It is also, required if you are providing services outside India. Team Financy Anzalist will help you obtain your IEC without a hassle.
A. The entity for whom the application has been made have not been penalized under any of the following Acts (as amended from time to time):
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