It is mandatory for companies and businesses to obtain this code in order to to import or export of goods outside the Indian territory. This code is issued by directorate general of foreign trade(DGFT),ministry of commerce and industry, government of India. IEC does not have regular compliances like GST. For IEC application having bank account is mandatory.

For Individual

₹ 3000 only/-

For Partnership Firm

₹ 3500 only/-

For Indian Company/LLP

₹ 4000 only/-

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