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IEC is a 10-digit code that allows businesses or individuals to import/export goods/services. DGFT issues this code, and it is valid for a lifetime. It takes around 5-15 working days to generate the code after document submission and corrections. The code can be issued in either the individual or the company’s name and is valid for all its divisions, units, factories, and branches. It goes by many names, such as importer/exporter code, import/export license, IE code, IE license, and more.
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