Get Import Export License In India

GET IMPORT EXPORT LICENSE IN INDIA

Introduction to Import-Export License:

An import-export license is a crucial requirement for businesses engaged in international trade. It is a unique identification number issued by the Directorate General of Foreign Trade (DGFT) in India, allowing importers and exporters to conduct trade activities. The license consists of a 10-digit code with lifetime validity and serves as a key part of the business for those involved in import and export operations. Obtaining an Import Export Code (IEC) is mandatory for businesses seeking to import or export goods or services in India. This code enables businesses to enjoy various benefits provided by the government, expand their operations, and explore opportunities in the global market.

IMPORTANCE OF EXPORT IMPORT LICENSE IN INDIA.

It will be useful for the import and export of services and technology, and it gives importers and exporters particular recognition from the Indian government. It will be helpful to expand your products and services in the global market and assist you in the growth of the business. Depending on the IEC code registration, businesses can receive a variety of benefits from the DGFT for their imports and exports, such as export promotion council, customs, etc. After registration, compliance and yearly maintenance are not required.

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