In today’s era, every business wants to expand their market globally to sustain in prevailing market competition. To expand their business beyond the domestic market, such businesses need to obtain an importer-exporter License (IEC) which is to be issued by the Director-General of Foreign Trade (DGFT). It is a Ten digit key business identification number that is mandatory for all the businesses who are engaged in the Import Export Business. If a Person intends to export or import any good, services then he shall apply for Import Export Code. IEC is required to avail benefits under foreign trade policy. After the introduction of GST, IEC being issued is the same as the PAN of the firm. IEC can be applied on behalf of proprietorship firm, partnership, LLP, Company, Trust, HUF, or individual. Eligibility for obtaining IEC. · Who wants to import/export goods or services. · ...