The Export Import Code (IEC) is a unique 10-digit alphanumeric identifier essential for businesses engaged in international trade. It facilitates smooth cross-border transactions by enabling customs authorities to track and monitor shipments. The IEC, issued by the Directorate General of Foreign Trade, plays a pivotal role in regulating imports and exports, ensuring compliance with trade policies. Businesses must obtain an IEC to engage in foreign trade activities, emphasizing the code's significance in fostering global commerce.
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