IMPORTER EXPORTER CODE is granted by Directorate General of Foreign Trade under Ministry of Commerce and Industry, to any bona fide person/ company for carrying out import/export. No person shall make any import or export except under an Importer-exporter Code Number granted by the Director General or the officer authorized by the Director General on his behalf, in accordance with the procedure specified. IEC forms the primary document for recognition by Government of India as an Exporter/Importer. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, Export Promotion Council etc.