CHANGES IN EXPORTER-IMPORTER CODE (IEC CODE) PROCEDURE

CHANGES IN EXPORTER-IMPORTER CODE (IEC CODE) PROCEDURE

NO IEC CODE IS NEEDED NOW FOR SERVICE EXPORTERS

EXISTING PROVISION

REVISED PROVISION

Application for obtaining IEC Code may be filed online in ANF 2A with applicable fees and submitted with digital signature.

No export or import shall be made by any person without obtaining an IEC number unless specifically exempted.

For service exports , IEC shall be necessary as per the provision in Chapter 3 only when the service provider is taking benefits under foreign trade policy.

In other words , only those service exporters who wish to take chapter 3 benefits under ftp are required to take IEC Code.

NOW , OBTAINING IEC CODE IS 100% ONLINE

Now , Application process is completely online and IEC can be generated by the applicant as per the procedure laid down in the Handbook of Procedure.

IEC WILL NOW BE ISSUED BY SYSTEM AUTO GENERATED AND APPLICANT WILL BE INFORMED THROUGH E-MAIL AND SMS. APPLICANT CAN ALSO VIEW AND PRINT e-IEC FROM IEC MODULE ON DGFT WEBSITE.

NOW , NO NEED FOR DIGITAL SIGNATURE

REQUIREMENT OF DIGITAL SIGNATURE IS ALSO DONE AWAY WITH FOR APPLICATION OF IEC /MODIFICATION OF IEC.

Leave a Reply

Your email address will not be published. Required fields are marked *