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Under section 7 of the FT(D&R) Act, trading needs what first?

AA customs broker licence
BA bank guarantee letter
CA GST registration only
DAn Importer-exporter Code
Answer & Solution
Correct answer: D. An Importer-exporter Code
Section 7 makes an Importer-exporter Code Number, granted by the Director General or an authorised officer, a precondition for any import or export.
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