(D) Lifetime Validity :
Import Export Code (IEC) once issued can be used by the entity throughout its existence and do not require any renewal or filing. Once the Company/Organizations obtained IEC then they can perform all their Import/Export requirements without any issues.
(E) Government Proof :
Import Export Code (IEC) will also act as a government proof for the business or entity name when you need to submit for any legal or regulatory requirement like opening a Bank Current Account.
(F) No Returns Filing :
Unlike other government documents, IEC does not need to file any returns to the DGFT department. This is a maintenance free document. Once the IEC is obtained there is no need to file the returns even if you perform or not perform any Import or Export transaction.