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What is Importer-Exporter Code (IEC)? Discuss the impacts of GST law on the IEC.

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What is Importer-Exporter Code (IEC)? Discuss the impacts of GST law on the IEC.

Expert Answer
Answered 05 Aug 2022
2019 views

Importer-Exporter Code is an identification number allotted to businesses involved in the export and import related transactions. IEC has been made mandatory for persons involved in such transactions.

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