IEC Registration

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$20.00 /1
  • Ornate Quality Services
  • Delhi
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IEC Registration

A crucial business identification number that is required for exports and imports is the importer-exporter code (IEC). The Directorate General of Foreign Trade (DGFT), Ministry of Commerce, issues IEC Numbers.
Since the introduction of GST, the IEC that is issued is identical to the firm's PAN. The DGFT will still issue the IEC separately based on an application, though. Any of the following legal forms of business can obtain an IEC: proprietorship, partnership, LLP, limited company, trust, HUF, or society. Every import/export business owner in India needs to have an import export code, which is a special 10-digit code. Importers need IEC in order to transfer money to foreign banks, clear customs, and ship goods. To send shipments and receive funds from foreign banks, exporters need their IEC. In short, the IEC is required for all importers and exporters to do business in India.


Ornate will assist on how to get an IEC Code and will take care of the documentations required for hassle-free trade.

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Cokion

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