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How to update Importer Exporter Code – IEC

Every Importer and Exporter has to update their Importer Exporter Code - IEC information on an annual basis from April to June

Every Importer and Exporter has to update their Importer Exporter Code – IEC information on an annual basis from April to June, non-compliance may result in the deactivation of IEC.

Update

In continuation to the DGFT notification No. 58, dated 12.02.2021, it is to inform you that the last date for modification/ updating of IEC has been extended up to 31.07.2021 vide Notification No.11/2015-20 dated 1st July 2021.

Further, Fees to be charged for modification of IEC done during July 2021 stands Nil.

As per the Notification No.58/2015-2020 dated 12th February 2021, every Importer Exporter Code – IEC holder has to make sure that their Importer Exporter Code – IEC details get electronically updated every year during the period April to June, non-compliance may result in de-activation of IEC.

Notification No.58/2015-20

IEC holders to update their Importer Exporter Code (IEC) annually

Even if there is no change in the particulars of Importer Exporter Code – IEC, the Importer Exporter Code – IEC holder has to update the same electronically.

Step by Step procedure on how to update Importer Exporter Code – IEC

Step 1:

Visit the DGFT website and click on “Update IEC”.

DGFT website IEC

Step 2:

Log in to your IEC dashboard on the DGFT website by entering the unique ID, Password, and Captcha.

IEC login DGFT

DGFT has launched their new website from July 2020 onwards, therefore if any applicant has not created an account on this website are required to create a new Login ID by following the simple steps, thereby making their Email ID and phone verified during this process.

create user id IEC

Link your Existing IEC

After creating the New Login ID, users can click on the “Link IEC” option available on the Dashboard in order to update their existing IEC.

Linking of IEC can be done in the following ways:

(a) Through Digital Signature; or

(b) Aadhaar verification

Step 3:

Under DGFT dashboard, choose “Update/Modify IEC”

IEC dashboard dgft website

For the first time users, there will be no record available under Draft application/ modification of IEC. First time users have to “start fresh application”.

modify IEC

Step 4:

Complete these 6 stages to update the IEC.

Stage 1General InformationBasic Details   Under Basic details IEC holder can see and update the editable options: Nature of concern, Firm Name, PAN, Name as per PAN, DOB/DOI, category of exporters, whether located in SEZ, EOU, EHTP, BTP, STP, CIN/LLPIN, GSTIN, Mobile, Email, Upload proof of establishment.     Firm Address Details   If there is any change in the Firm address details, IEC holder can update the same and upload the supporting documents.   Branch Details   Under Branch details, IEC has to mention certain details such as: Whether located in SEZ, EOU, EHTP, STP, BTP, Active branch, GSTIN, Address. IEC holder can add multiple branch details.
general information update under IEC
IEC update
branch details under IEC

Note: The said application for updating the IEC will get auto approved except for the below mentioned scenario where the auto approval will not be done, uploading of supporting documents is mandatory in these cases for faster processing of their IEC updating application.

(a)Where there is a change of PAN of the Firm for numeric IECs
(b)Change in Nature of concern for the firm
(c)Change in Partner/ signatory details where the nature of concern is Partnership/ LLP/ HUF/ Trust or Society
Stage 2Details of Proprietor, Partners, Director, Karta, Managing TrusteeUpdate the details regarding particulars of the proprietor, partners, director, karta, managing trustee.
details of proprietor partner director
details of partner under IEC
Stage 3Bank Account DetailsUpdate the Bank account details in case any new bank is opened/closed during the previous financial year. In case of single bank account, edit the same to make that account as primary account.
Bank information under IEC bank account update under IEC
Stage 4Preferred Sector of operationIEC holder can select the preferred operation, it should be the main purpose of applying for the IEC. In case of goods select the appropriate category of goods to be exported.
preferred sectors of operations
Stage 5DeclarationReadout the complete set of declaration and agree to the said information and proceed further
declaration under IEC update
Stage 6IEC updating application submittedIEC can preview the IEC application.
submit IEC update

How to download the copy of IEC?

Go to your Dashboard, select “My IEC” and then “Print IEC”

updated IEC IEC certificate

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