Description
An Importer -Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. No export or import shall be made by any person without obtaining an IEC unless specifically exempted.
What is an AD Code (authorised dealer)? An AD Code is a 14-digit numerical code you can get from the bank with which you have a current account to run your import-export business. The code comes printed on a document with the bank’s letterhead, in a format prescribed by the DGFT.
- How to find buyers online?
- Trade fairs and exhibitions.
- Government bodies like Export Promotion Councils.
- Embassies.
- Third-Party Agencies.
- Market Research Companies.
- Pro-Tips.
- Warnings
Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.
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