IEC is not required under the following circumstances: 1. Import/export of goods for personal use, which is not connected with trade, manufacture or agriculture.

An IEC is necessary for import/export of goods. 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 ...

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.

Trade, import and export for MSMEs: Getting an Importer-Exporter Code (IEC) (import-export license) is mandatory for businesses looking to sell goods abroad or purchase them from abroad.Hence ...

If you are wondering what is this 3-star export house certification and how it benefits the company, here we have explained everything. ... According to the Directorate General of Foreign Trade, all ...

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 ...

Import-Export Code (IEC) is an important document required to undertake the business of inbound and outbound shipments. PTI. first published: May 25, 2023 08:31 pm.