The Importer Exporter Code (IEC) is a unique 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce, Government of India. It is a mandatory requirement for businesses and individuals who wish to engage in the import or export of goods and services, ensuring compliance with Indian legal and regulatory frameworks. Serving as a key identifier for importers and exporters, the IEC plays a critical role in facilitating international trade by enabling seamless customs clearance, banking transactions, and foreign trade documentation. Without this registration, businesses cannot conduct import or export operations legally, and any trade activity undertaken without an IEC may lead to penalties or restrictions.
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