Import Export Code or IEC may be a 10-digit code that a business or an individual has to import/export goods/services. The validity of this code is for lifetime, that is, there’s no must renew it. This code is generated within 5-15 working days after the documents are submitted and every one the corrections required are made. you’ll issue this code in either your name or under company’s name. Once issued, it’s valid for all its division/units/factories/branches.