Only Online Applications thru Digital Photo and Digital Signature for IEC from 1 April 2016

Three Documents are Required for IEC Applications

[DGFT Notification No. 34 dated 29th January 2016]

Subject: Amendment in para 2.05 (c) of Foreign Trade Policy (2015-20)

In exercise of powers conferred by Section 3 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 existing para 2.05 (c) of Foreign Trade Policy(2015-20) and introduces a new provision, part (d) under para 2.05. The existing para reads as under:

2.05 Importer-Exporter Code (IEC)

(c)  Briefly, following are the requisite details /documents (scanned copies) to be submitted/ uploaded along with the application for IEC:

(i)   Details of the entity seeking the IEC:

(1)  PAN of the business entity in whose name Import/Export would be done (Applicant individual in case of Proprietorship firms).

(2)  Address Proof of the applicant entity.

(3)  LLPIN /CIN/ Registration Certification Number (whichever is applicable).

(4)  Bank account details of the entity. Cancelled cheque bearing entity’s pre-printed name or Bank certificate in prescribed format ANF-2A (I).

(ii)  Details of the Proprietor/ Partners/ Directors/ Secretary or Chief Executive of the Society/ Managing Trustee of the entity:

(1)  PAN (for all categories)

(2)  DIN/DPIN (in case of Company /LLP firm)

(iii) Details of the signatory applicant:

(1)  Identity proof

(2)  PAN

(3)  Digital photograph

2.    After amendment para 2.05 (c) would read as under:

2.05 Importer-Exporter Code (IEC)

(c)  Only the following are required to be uploaded along with the application for IEC with immediate effect:

(1)  Digital photograph of the signatory applicant;

(2)  Copy of the PAN card of the business entity in whose name Import/Export would be done (Applicant individual in case of Proprietorship firms);

(3)  Cancelled cheque bearing entity’s pre-printed name or Bank certificate in prescribed format ANF-2A(I)

3.    The new insertion, part (d) under Para 2.05 would read as under:

(d)  Only online application for IEC /modification in IEC can be made by applicants through digital signature (Class-II or Class-III) with effect from 1.4.2016.

Effect of this Notification: From the date of this notification only two documents are required to be uploaded /submitted along with the digital photograph while applying for IEC. Further, applications for IEC/ modification in IEC can be made only in online mode by applicants through digital signatures with effect from 1.4.2016.