Import Export Code from Directorate General of Foreign Trade

In India, Import Export Code registration is required for import and export of products and services. The Directorate General of Foreign Trade (DGFT) issues a 10-digit unique code to the individual once the IEC registration procedure is completed.

Benefits

1. Advantages of Government Scheme: Export-oriented incentives shall only be granted based on the furnishing of the IEC code.
   • The duty drawbacks
   • Refund of Duties and Taxes on Exported Products (`RODTEP`)
   • Rebate of State and Central Levies and Taxes(`ROSCTL`)
   • Service Exports from India Scheme
   • Refund of IGST paid in India while doing the manufacturing of the goods to be exported.
2. Business expansion: Import Export Code will help in expanding business and reaching out to a larger market on a global scale, thereby helping business to grow by leaps and bounds.
3. No requirement for renewal: The validity of an Import Export Code lasts until the entity exists. As such, those who hold this code will not have to ever worry about renewing it.