IFT Section

The IFT (Import-Export Transactions) section refers to the area in financial or business documentation that details the movement of goods, services, or finances between countries. It includes records of imports (goods coming into a country) and exports (goods leaving a country), ensuring proper tracking for customs, tariffs, and trade regulations. This section helps businesses and regulators verify compliance, facilitate smooth international trade, and accurately assess economic activity. Essentially, it provides a clear record of cross-border transactions essential for legal, financial, and logistical purposes.