The Director-General of Foreign Trade vide its notification dated 20th September 2021 has granted an final opportunity to IEC holders (Import-Export code) to update their IEC in this interim period till 05.10.2021, failing which the given IECs shall be de-activated from 6th October 2021. Any IEC where an online updation application has been submitted but are pending with the DGFT RA for approval shall be excluded from the de-activation list.
It may further be noted that any IEC so de-activated, would have the opportunity for automatic re-activation without any manual intervention or a physical visit to the DGFT RA. For IEC re-activation after 06.10.2021, 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.
Earlier DGFT mandated all the IEC holders to ensure that details in their IEC is updated electronically every year during April-June period. However 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.
