DGFT Invites Comments on Modified Online IEC Application Process with only Rs. 250 for Online Application

·        Only PAN Number and Bank Certificate Required

·        Mobile and Email Ids to be Confirmed

[DGFT Website]

Sub: Online IEC: Modification in the Application Process

With a view to improve the online system for filing of IEC applications and to make it more efficient and users friendly it is proposed to modify the existing application form (Annex-I). The revised draft application form is at Annex-II. In the existing Application Form following items are proposed to be deleted/ modified.

Sl. No. in the existing Application Form (Part-A)

Sub. Col.

Proposed modifications in the revised form

1.

(iii) & (iv)

Landline phone number along with mobile phone number with alternate landline number and alternate mobile number will be required. The applicant is welcome to indicate fax number, if any.

1.

(vi)

Details seeking name, designation and mobile no. of the signatory are being dispensed with as the same is provided for at the last portion of the application.

2.

------------

Details of proprietors/partners etc are not being sought.

5.

(v)

Detail of year of opening of bank account is being deleted as the same is a part of the bank certificate as per 18-A of HBP(Vol-1).

Further, following changes are also under consideration:

I.    Both options: online and manual applications will be available.

II.   Differential fees: online – Rs.250/- and manual Rs.2500/-. The differential is intended to encourage applicants to submit applications online.

III.  Though IEC is a permanent number, if one does not utilize the IEC number for import/export transaction within two years of issue of the IEC, the same would automatically stand frozen. IEC shall also be deemed cancelled if it remains unutilized for further three years from the date it is frozen.

IV.  The documents to be submitted: only two documents viz. copy of PAN Number and bank certificate as per App-18-A of HBP (Vol-1). Also provisions will be made for attachment of documents electronically.

V.   A robust system is being devised to confirm the applicant’s mobile number and Email I.D.

VI.  The instructions are to be integrated with application process so that instructions are simultaneously available to the applicant while filing application.

Views /Comments on the above proposal maybe emailed to shyama.roy@nic.in before 1st January, 2014.