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Import/Export (IE) Code Modification
An Overview
Flourishing the business beyond the domestic market is what a businessman aims for. However, certain procedural aspects need to be followed for expanding your business to the international markets. One of the pre-requisites for the import-export business is obtaining the Import-Export Code (IEC). Read on to understand what IEC is and the purpose of the same.
What is Import Export Code?
Import Export Code (IEC) or the Importer Exporter Code, is a 10 digit numerical identification code that is issued by the Director General of Foreign Trade (DGFT), Department of Commerce. IEC is mandatorily required to be obtained by the businesses looking forward to engaging in imports and exports from the Indian territory.
IEC Code has a lifetime validity and if there is any change in the particulars, the IEC Code modification can be undertaken accordingly.
Documents needed to modify the IEC
Following are the documents required for IE Code modification:
The Process for IEC Code Modification Online
Below is the step-by-step IEC Code modification procedure:
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