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  • Import Export Code

    A business entity is required to have Import and Export Code for Import and Exports of goods and services outside India. Import Export Code (IEC) is issued by Directorate General of Foreign Trade (DGFT) and is same as PAN Number of the entity. Custom Clearance, payment of custom duty on imports and Export of goods is done through Import Export Code. IEC is not required for importing goods for personal use and also for import/ export of few services notified by the government.