IEC
IEC stands for Importer Exporter Code. It’s a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT). This code is mandatory for any individual or business engaging in import or export activities in India.
RCMC
Under the Foreign Trade Policy of India, exporters are often required to hold an RCMC, especially when dealing with specific products or seeking particular export benefits.
DGFT
DGFT stands for Directorate General of Foreign Trade. This organization is part of the Ministry of Commerce and Industry, Government of India. The DGFT plays a crucial role in regulating and facilitating foreign trade in India, including issuing import-export codes (IEC) and licenses.