Circular No. ES/430/2020-21
To: Members of the Council
Sub: DGFT amends Importer-Exporter Code (IEC) related provisions under Chapters 1 and 2 of FTP 2015-2020
Dear Member,
O/o DGFT has issued Notification No. 58/2015-20 dated 12th February, 2021 by making amendments in Importer-Exporter Code (IEC) related provisions under Chapter 1 (Legal Framework and Trade Facilitation) and Chapter 2 (General Provisions Regarding Imports and Exports) of Foreign Trade Policy 2015-2020.
Following paragraphs of FTP 2015-2020 are amended as below-
Existing Text |
Amended Text |
Chapter - 1 |
|
1.11 Issue of e-IEC (Electronic- Importer Exporter Code) |
1.11 e-IEC (Electronic-Importer Exporter Code) |
(a) Importer Exporter Code (IEC) is mandatory for export/import from/to India as detailed in paragraph 2.05 of this Policy. DGFT issues Importer Exporter Code in electronic form (e-IEC). For issuance of e-IEC, an application can be made on DGFT (http//:dgft.gov.in). Applicant can upload the documents and pay the requisite fee through Net banking. Applicant shall, however, submit the application duly signed digitally. |
Importer Exporter Code (IEC) is mandatory for export/import from/to India as detailed in paragraph 2.05 of this Policy. DGFT issues Importer Exporter Code in electronic form (e-IEC). Application for issuance of e-IEC can be made directly on the DGFT web portal (https//www. dgft.gov.in). |
Chapter - 2 |
|
2.05 Importer-Exporter Code (IEC) |
2.05 Importer-Exporter Code (IEC)/ (e- IEC) |
(c) Application process for IEC is completely online and IEC can be generated by the applicant as per the procedure detailed in the Handbook of Procedure. |
(c) Application process for IEC and updation in IEC is completely online and IEC can be generated by the applicant as per the procedure detailed in the Handbook of Procedure. |
Following sub-paragraphs are inserted under Para 2.05 (Importer-Exporter Code (IEC)) of Chapter-2 in FTP 2015-2020 as under:
FTP Para no. |
Text added (New) |
2.05(d) |
|
2.05(e) |
|
2.05(f) |
|
Please note that the sub paras 1.11(b), (c) and (d) of FTP 2015-2020 are deleted.
Members may kindly make a note of the above.
Thanking you,
Yours faithfully,
S. BALARAJU
EXECUTIVE DIRECTOR