6 Dec is Final Date for Reactivation of
IEC, DGFT threatens Deactivation thereafter
[DGFT Trade Notice 25/2021-22 dated 19 November
2021]
Subject:
De-Activation of IECs not updated at DGFT
Reference
is drawn to 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 whereby it was mandated by DGFT 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). Based on
representations received from the IEC holders who had not updated their IECs,
the period of updation was extended upto 31st July 2021 and subsequently
to 31st August 2021.
2. In
continuation to the aforementioned notification and as per para 2.05(e) of the
Foreign Trade Policy (FTP), IECs which are not yet updated shall now be
de-activated. This de-activation activity is being initiated in a phased
manner.
3. 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 https://www.dgft.gov.in/CP/?opt=LIEC. The concerned IEC holders are
provided 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.
4. It may further be
noted that 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.
This issues with the approval
of the competent authority.
(Issued from File No.
01/02/30/AM-22/EG&TF)