IEC
Import Export Code
IEC stands for Import Export Code. It is a unique identification number issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, Government of India. The IEC is required for any business that wishes to engage in international trade, either by importing goods into India or exporting goods out of India.
Advantages of IEC:
- Legality: It is a legal requirement for businesses to engage in export and import activities.
- Global Access: Helps businesses access international markets for buying and selling goods.
- Government Schemes: Allows businesses to avail of various export-related incentives and schemes offered by the Government of India.
- Customs and Shipping: Required for customs clearance of goods and for obtaining shipping bills.
Summary of Documents & Requirements
The firm’s wide-ranging proficiency allows it to serve both local and international clients, providing solutions tailored to diverse business needs, while also ensuring compliance with Indian laws and regulations.
Headquarter
No.99/D, 2nd Cross, KHB Colony, 5th Block, Koramangala, Bengaluru – 560095