For importing or exporting, the business or individual must obtain _________.
A
Commercial invoice
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B
Import Export Code
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C
Airway bill
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D
Bill of Lading
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Solution
The correct option is B Import Export Code IMPORTER EXPORTER CODE ( in short IEC ) is a ten digit number granted by Directorate General of Foreign Trade under Ministry of Commerce and Industry, to any bonafide person/ company for carrying out import/export.