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Sathishraku08 May, 2021Legal
The code is given by the Director-General of Foreign Trade (DGFT), Ministry of Commerce and needs no archiving or restoration. IEC is required by transporters to clear practices and shipment, and to move money to new banks. Exporters require IEC to send shipments and get cash from new banks. To lay it out simply, no vendor/exporter can work in India without getting the IEC. Reach out Vakilsearch to get Import Export License Online Application
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