Article
The Growing Importance Of IEC (Import And Export Code) In The Age Of CrossBorder E-Commerce
In this modern world, regulatory compliance has become a vital element of international business operations. India’s foreign trade policies are defined by a select set of regulatory requirements. Import Export Code (IEC) issued by Directorate General of Foreign Trade (DGFT) is the unique identification number for every importer and exporter of the nation. While IEC has always been a mandatory requirement, its relevancy has significantly improved in the digital commerce era.
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