In the recent Notification No. 28/2015-2020 dated 12th February 2021, DGFT make it mandatory for all IEC holders to ensure that the details in its IEC is updated electronically every year, during April – June Period. In case where there are no changes in IEC details same are also needs to be confirmed online.
Importer Exporter Code (‘IEC code’) is a unique 10 digit code issued by the Director-General of Foreign Trade (‘DGFT’) of the Ministry of Commerce under the Government of India. Import Export Code (IEC) is a unique identifier for all international trade transactions undertaken by India. Import Export Code (IEC code) is a registration required for persons importing or exporting goods and services from India. Import Export Code (IEC code) is issued only to Indian entities and individuals in order to enable them to undertake International Trade. As per the Foreign Trade Policy, Import Export Code (IEC code) Registration is mandatory
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