In this present article we shall deal with a small part of import and export, called Importer Exporter Code.What is Importer Exporter Code (IEC ... details and a bank certificate (where the ...

The first requirement before you start an import/ export business in India is to obtain an IEC. IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade, Ministry of ...

Importantly, the commerce ministry has imposed an interest subvention cap of Rs 5 crore per IEC (import-export code) for MSME manufacturers till September 30, 2024, for the current fiscal.

During the import-export code registration process, the DGFT instantly confirms all information with the Income Tax Department. This means that the IEC certificate can be generated in a single day.

businesses are required to have an Importer-Exporter Code (IEC), also known as an import-export license. This code, issued by the Directorate General of Foreign Trade (DGFT), is a compulsory ...

According to the Directorate General of Foreign Trade, all exporters of goods, services and technology having an import-export code (IEC) number shall be eligible for recognition as a status holder.

NEW DELHI: Key initiatives launched by the commerce ministry over the past 100 days include launch of the Trade Connect e-Platform, which connects over 600,000 Import Export Code (IEC) holders ...

The government on Thursday capped the amount of interest subvention at Rs 10 crore per IEC (import-export code) holder in one financial year. In March last year, the RBI extended the interest ...