Expanding your business into international trade is an exciting journey. Whether you are an exporter or an importer, the Import Export Code (IEC) is your gateway to the global market. But many business owners often wonder—does having an IEC Code provide any tax benefits? Let’s dive deeper into the tax implications and financial advantages of […]
For businesses involved in international trade, the Import Export Code (IEC) is an essential requirement. Issued by the Directorate General of Foreign Trade (DGFT), IEC is mandatory for anyone looking to import or export goods and services from India. However, having an IEC is not enough; ensuring compliance with all relevant rules and regulations is […]