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IEC Code

IEC stands for Import Export Code. It is a unique number given to businesses that want to import or export goods from or to India.

Why you need it:

  • It is mandatory for all businesses that engage in international trade.
  • It is required to send or receive goods from other countries.
  • You need it to clear customs and complete shipping or receiving documents.
  • It allows you to open a bank account for international transactions.

Important points:

  • It is a one-time registration, and no renewal is required.
  • If you are a small business looking to export goods, IEC helps expand your market reach.
  • Without an IEC code, you cannot start importing or exporting.

The IEC Code is easy to get and helps your business grow in international trade.

 
     
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