IEC Updation Deadline Extended to 31 Aug 2021

[DGFT Notification No. 16/2015-2020 dated 9 August 2021]

Effect of this Notification: Period of modification of IEC is extended for the year 2021-22 only till 31.08.2021, and no fee shall be charged on modifications carried out in IEC during the period upto 31st August, 2021.

Subject: Extension in period of modification of IEC till 31.08.2021 and waiver of fees for IEC updation done during August, 2021.

S.O.(E): In exercise of powers conferred by Section 3 read with Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the provision in Para 2.05(d) of Chapter-2 of Foreign Trade Policy, 2015-2020 as under:

Para No.	Existing Provision	Revised Provision
2.05 (d)	An IEC holder has to ensure that details in its IEC is updated electronically every year, during April- June period. However, for the current year only, this period is extended by another month i.e till 31st July, 2021.	An IEC holder has to ensure that details in its IEC is updated electronically every year, during April-June period. However, for the current year only, this period is extended by another month i.e till 31st August, 2021.
	In cases where there are no changes in IEC details same also needs to be confirmed online.	In cases where there are no changes in IEC details same also needs to be confirmed online.

2. Further, fee to be charged for modification of IEC done during the month of August, 2021 will remain 'Nil'.

This issues with the approval of Minister of Commerce & Industry.

(File No. OI/93/180/05/AM-12/PC-2[B]/Part-III/E-1765)