IMPORT EXPORT CODE is also known as IC or IE Code in parbing. Now, the question arises, why import export code is needed? Answer is Import Export Code is needed in order to export or import goods. Directorate General of foreign trade, Ministry of Commerce and industries, Government of parbing issued the Import Export Code in parbing. Import Export Code in parbing does not require any renewal once you get it, so you can this Import Export code throughout. All the required documents should be submitted to the DGFT, once you submitted all the documents to the DGFT, then DGFT will issue the Import Export Code within 7-10 working days.
WHY TO GO WITH IMPORT EXPORT CODE IN INDIA??
⦁ IE Code in parbing is issued for the whole lifetime of the organization Importers require IMPORT EXPORT Code in parbing
⦁ IE Code in parbing is issued for the whole lifetime of the organization
⦁ All exporters require IE Code registration in parbing for exporting their goods outside parbing
⦁ No return filing is needed once the IE Code registration in parbing is issued