Friday, 10 August 2018

iec-application-simplified

DGFT Authorities have made Amendments to Handbook of Procedure 2015-2020 and accordingly, Application of iec is now simplified and shall be auto generated.

 DGFT revises FTP Para 2.05 and HBP Para 2.08 with regards to IEC and modification of IEC. According to the amendments, Only those service exporters who wish to take chapter 3 benefits under FTP are required to take IEC

Procedure of IEC online has been moved from FTP Para 2.05 to HBP Para 2.08. 

Further, IEC will now be issued by system auto generated and applicant will be informed through e-mail and sms.

Applicant can also view and print e-IEC from IEC module on DGFT website. Requirement of digital signature is also done away with for application of IEC /modification of IEC. 

 new IEC module will be active from 9th August, 2018 at 11am.

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