The term Import License specifically refers to the legal requirement for a business to bring goods into India, for which the fundamental document is the Import Export Code (IEC). The IEC is essential for all importers, enabling them to clear shipments through customs and conduct foreign exchange transactions with banks. While the IEC itself is a general registration, certain restricte... https://shugamblogs.sharebyblog.com/38654463/navigating-global-procurement-the-comprehensive-guide-to-india-s-import-license-framework