IE Code registration is mandatory for persons who are exporting or importing goods from India. It is issued by the Directorate General of Foreign Trade (DGFT) . All entities engaged in Import and Export of goods require the 10 digit Import Export Code. IE code has not to be renewed, it has lifetime validity. Â Exporters canâ€™t enjoy any benefit of exports from DGFT, customs, Export Promotion Council andÂ Importers are not allowed to proceed, without IE code.