IEC (Import Export Code) is necessary for every entrepreneur who want to start his/her import/export business in India. A Entrepreneur/Company cannot import goods without the Import Export Code which is same for the Exporter. And if they do not have the IEC Code registration Certificate then they cannot avail benefits from DGFT for the export scheme, etc. IEC Code Registration is issued by the DGFT (Director General of Foreign Trade). IEC is a 10-digit code and has a lifetime validity and No Renewals.