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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.  IEC is compulsory for all those companies who wish to carry on Import Export business in India. If a company wants to apply for IEC then the applicant should apply from his head office to the nearest office of Regional Authority of Directorate General Foreign Trade.