"Import Export Code (IEC) is a PAN numbers. IEC is a mandatory prerequisite to starting a business of Import or Export in India. IE Code is being issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. S K Nagda & Co. is best Chartered Accountants in Udaipur for IEC Consultancy. Expert CA Udaipur advises clients in expanding their business through import and export. The IEC code has lifetime validity; you don’t have to renew it again and again. No return filling is not required and even import or export transactions are not required to be filed under DGFT.