All businesses which are engaged in Import and Export of goods require to register Import Export Code . IEC is 10 digit code with a permanent validity. IEC is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.