IMPORTER EXPORTER CODE ( IEC ) is a ten digit number given by Directorate General of Foreign Trade under Ministry of Commerce and Industry, to any person/ company for carrying out import/export. IEC can be obtained from any of the Zonal and Regional offices of Director General of Foreign Trade depending on area/region where the individual/company is situated.
As per Foreign Trade (Development and Regulation) Act 1992. No person shall make any import or export except under an IEC Code Number granted by the Director General or the officer authorized by the Director General in this behalf, in accordance with the procedure specified in this behalf by the Director General.
IEC forms the primary document for recognition by Government of India as an Exporter/Importer. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, Export Promotion Council etc.