Import Export Code (IEC) registration is a mandatory registration required for individuals or businesses engaged in the import and export of goods and services from India. It is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. The IEC serves as a unique identification number for the business and is essential for customs clearance of goods, availing benefits under export promotion schemes, and conducting international trade transactions. The registration process is straightforward and can be done online through the DGFT portal by submitting the necessary documents and paying the prescribed fee. Once obtained, the IEC does not require renewal and remains valid for the lifetime of the entity unless surrendered or canceled. It is a crucial requirement for businesses looking to expand their operations globally and engage in cross-border trade activities.