Import Export Code Registration, Delhi India

Import Export code registration is required for businesses importing or exporting goods and services from India.

Any business that undertakes import and export of services and goods from the country must obtain an Import Export Code (IEC) from the Government. DGFT (Director General of Foreign Trade) under the auspices of the Ministry of Commerce and Industries (MCI) issues IEC to business entities. The key advantage of registering for an IEC is that it is valid for a lifetime and no renewal is necessary for the Code. Not just business entities, even individuals can apply for IEC. The rationale behind IEC is to regulate certain restricted sectors from the international trade point of view like nuclear weapons, automatic guns.