Apply For Import and Export Code Registration by Prestigious Law Firm
Today, India is a vibrating place in a matter of international business. The government’s business-friendly policies and aggrandizement of start-up culture in the country are redefining the entrepreneurship culture in the country. Today the advent of cutting-edge technology and globalization are inspiring aspiring entrepreneurs to expand their business in the international market. But, to expand business in the international market there are several procedures and laws in place and different registration processes. Import and Export Code Registration is one of such prerequisites when it comes to importing or exporting from India. What is Import and Export Code? The import and Export code is a unique 10-digit code issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce, imperative for every import/export business owner in India. There is no need for filing or renewal of the Import Export Code (IEC). Importers use IEC code to clear customs and shipment and to transfe