import export code registration services
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Import Export Code also called as IE Code is a 10 digit code or IE Licence certificate provided by DGFT, Directorate General of Foreign Trade. This is a mandatory license for every commercial importer or exporter. Without this code no business can be performed in the import export category or to take the benefits provided by the government on this sector.
Banks also require the importers IE Code while sending money abroad. Customs will seek IE code before clearing the shipment from overseas.