IECs not updated after 01.01.2014 to be de-activated from 06.12.2021 – DGFT

IECs not updated after 01.01.2014 to be de-activated in a phased manner from 06.12.2021 – DGFT

De-Activation of IECs not updated at DGFT

Directorate General of Foreign Trade (DGFT) vide Notification No. 58/2015-2020 dated 12.02.2021, 11/2015-2020 dated 01.07.2021, 16/2015-2020 dated 09.08.2021 and Trade Notice 18/2021-2022 dated 20.09.2021 had mandated to all IEC holders to ensure that details in their IEC is updated electronically every year during April-June period (for which no user charges will be borne by the IEC holder).
Later on considering the representations received from the IEC holders, the period of updation was extended upto 31st July 2021 and subsequently to 31st August 2021.
As per the above mandate, and as per para 2.05(e) of the Foreign Trade Policy (FTP) DGFT has decided that IECs which are not yet updated shall now be de-activated in a phased manner.
All IECs which have not been updated after 01.01.2014 shall be de-activated with effect from 06.12.2021.The list of such IECs may be seen at the given link
The concerned IEC holders have been given a final opportunity to update their IEC in this interim period till 05.12.2021, failing which the given IECs shall be de-activated from 06.12.2021.
Any IEC where an online updation application has been submitted but is pending with the DGFT RA for approval shall be excluded from the de-activation list.
Any IEC so de-activated, would have the opportunity for automatic re-activation without any manual intervention or any visits to the DGFT RA. For IEC re-activation after 06.12.2021, the said IEC holder may navigate to the DGFT website and update their IEC online. Upon successful updation the given IEC shall be activated again and transmitted accordingly to Customs system with the updated status.

Download DGFT Trade Notice 25/2021-22 Click Here >>

read latest abcaus posts

----------- Similar Posts: -----------

Leave a Reply