Register your import-export business with the Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, Government of India. The IEC specialist from Vyapaar Registration will handle the filing process for you.
An Importer Exporter Code (IEC) is a unique 10-digit number required for importing or exporting goods to and from India. Without this code, no one can import or export. However, for services exports, the IEC is only needed if the service provider is claiming benefits under the Foreign Trade Policy. The IEC is issued by the DGFT under the Ministry of Commerce and Industries, Government of India.
IEC helps you take your business to international markets, boosting both revenue and growth.
The Niryat Bandhu scheme by DGFT offers training and certification to help entrepreneurs, exporters, importers, and students learn about export and import management.
IEC helps reduce the risk of illegal or fraudulent imports and exports by providing a centralized registration system for better monitoring and control of cross-border transactions.
With an IEC, your business can access government benefits and subsidies from authorities like Customs and the Export Promotion Council. Exporters can also claim tax refunds if taxes were paid on exports.
Registered IEC businesses can take advantage of several other benefits offered by Customs, the Export Promotion Council, and the Directorate General of Foreign Trade.
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