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An Import Export Code (IEC) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) in India. It is required for any person or entity engaged in the import or export of goods or services in India. The IEC is a unique identification number that is mandatory for all businesses that wish to participate in international trade.

The IEC is a one-time registration process and is valid for the lifetime of the business. It is required for all imports and exports of goods and services, except for goods imported or exported for personal use or gifts up to a certain value.

To obtain an IEC, an application must be made to the DGFT, along with supporting documents such as the business''s PAN card, proof of address, and bank details. Once the application is processed and approved, the IEC is issued and can be used for all import and export transactions.

It is important to note that the IEC is not the same as a trade license, and businesses must also obtain any other licenses or permits required for their specific industry or product.

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