Import License In today’s interconnected economy, international trade plays a crucial role in the growth of businesses. Companies are increasingly looking to import raw materials, machinery, technology, and finished products from global markets to gain a competitive edge. However, to legally bring goods into India, businesses need an import license . This article will guide you through everything you need to know about an import license —its meaning, importance, process, benefits, and frequently asked questions—so you can expand your business globally with confidence. What is an Import License? An import license is an official government document that allows businesses or individuals to legally import goods into a country. In India, the Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, is the authority responsible for issuing import licenses. While many items can be imported freely under India’s open general license system, certain ca...