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Home» Circulars» Amendment Of Iec Related Provisions Under Chapter 1 And Chapter 2 Of Foreign Trade Policy 2015 2020

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Amendment of IEC related provisions under Chapter-1 and Chapter-2 of Foreign Trade Policy, 2015-2020
 

 

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EPC/LIC/DGFT/IEC                                                                                     9th April-2021 

 

TO,

ALL THE MEMBERS OF THE COUNCIL

 

 

Amendment of Importer-Exporter Code (IEC) related provisions under 

Chapter-1 and Chapter-2 of Foreign Trade Policy, 2015-2020

 

 

Dear Members,

 

As informed earlier,   O/o Directorate General of Foreign Trade, New Delhi has issued   Notification No. 58/2015-2020 dated 12th  February, 2021 regarding  Amendment of Importer-Exporter Code (IEC) related provisions under Chapter-1 and Chapter-2 of Foreign Trade Policy, 2015-2020.

 

As per above Notification,  O/o DGFT has mandated all IEC holders to update their Importer-Exporter Code (IEC) yearly between April to June.  IECs not updated within this prescribed period would be de-activated. 

 

Objective of the given exercise is to prune out inactive IECs and incorrect IEC details.  IECs not updated within this prescribed period would be de-activated (post June).

 

Subsequently, the firms that wish to re-activate their IEC (post de-activation for non-compliance), would be required to update the IEC.  The IEC shall be auto re-activated on up-dation after June.

 

Members are requested to take note of above IEC related amendments and do the needful accordingly.  The support of all active IEC holders for this limited up-dation is kindly solicited.   Please  use below link to access tutorial  video for updating your IEC-

 

https://youtu.be/B5zrx5k8QC4

 

Feed-backs if any, may also be sent  on e-mail id’s:  deepak.gupta@chemexcil.gov.inpwdd@chemexcil.gov.in  &    info@chemexcil.gov.in .

 

Thanking you.    

Yours Faithfully,    

 

Deepak Gupta

Acting Executive Director

CHEMEXCIL

 

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