The essential Import License, which is the Import Export Code (IEC), must be obtained by any business planning to bring goods into India for commercial purposes. This 10-digit registration from the DGFT legalizes the importing entity and is verified at customs ports before any consignment is cleared. A valid IEC is required to facilitate foreign exchange transactions through banks and... https://shugamblogs.blognody.com/45115227/navigating-global-trade-when-and-how-to-get-your-import-license-in-india