N 24/2018

To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub-Section (II)

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade

Notification No. 224 /2015-2020 New Delhi, Dated:O9August, 2018

Subject: Amendment in Para 2.05 of Foreign Trade Policy 2015-2020.

S.O. (E): 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 and revises the provision in Para 2.05 of the Foreign Trade policy (2015-20) on Importer-Exporter Code (IEC) as under:

2.05 Importer-Exporter Code (IEC)

|(I)||||
|---|---|---|---|
|(a)|Application for obtaining IEC may be | (a) No export or import shall be||made by any|
||filed online in ANF 2A with applicable|person without obtaining an|JEC number|
|(b)|fees<br>and<br>submitted<br>with<br>digital<br>:<br>signature.<br>;<br>When an e-IEC is approved by the<br>competent<br>authority,<br>applicant<br>is|unless specifically exempted. For services<br>exports, IEC shall be necessary as per the<br>4.3<br>‘<br>provisions in Chapter 3 only when the<br>service provider is taking benefits under<br>theForeign Trade Policy.||
||informed<br>through<br>e-mail<br>that<br>a|||
||computer generated e-IEC is available | (b) Exempt<br>categories<br>and||corresponding|
||on the DGFT website. By clicking on|permanent IEC numbers are|given in Para|
||“Application Status” after having filled|2.07 of Handbook ofProcedures.||
|(c)|and submitted the requisite details in<br>“Online IEC Application” webpage,<br>applicant canviewand print hise-IEC.<br>;<br>;<br>;<br>The<br>applicant<br>may<br>submit<br>online|(c) Application process for IEC is completely<br>aang aug TG ‘can be generated DY ane<br>applicant as per the procedure detailed in<br>theHandbook ofProcedune:||
||application with the following details|||
||/documents<br>(scanned<br>copies<br>to<br>be|||
||submitted/ uploaded)<br>along with<br>the|||
||IEC application:|||
||(i)<br>Digital<br>photograph<br>of<br>the|||
||signatory applicant;|:||
||(ii)<br>Copy of the PAN card of the|s||
||business entity in whose name|||
||Import/Exportwouldbedone|||

EC application:|||
||(i)<br>Digital<br>photograph<br>of<br>the|||
||signatory applicant;|:||
||(ii)<br>Copy of the PAN card of the|s||
||business entity in whose name|||
||Import/Exportwouldbedone|||

(Applicant individual in case of Proprietorship firms); (iii) Cancelled cheque _ bearing entity’s pre-printed name or Bank certificate in prescribed format ANF-2A(I) (d) For modification in IEC, applicants may submit online application through digital signature (Class-II or Class-III), by paying applicable fees and uploading requisite documents, corresponding to the changes sought. (e) Detailed guidelines for applying for e- IEC is available at http://dgft.gov.in/exim/2000/iec_anf/i ecanf.htm

(II) | No Export/Import without IEC:

• (i) No export or import shall be made by any person without obtaining an IEC number unless _ specifically exempted.

• (ii) Exempt categories and corresponding permanent IEC numbers are given in Para 2.07 of Handbook of Procedures.

Effect of the Notification: Para 2.05 on IEC is revised and details on the procedure is shifted to para 2.08 of Handbook of Procedures. (oe

(oe DirectofCisGeneral vonof ForeignChaturvedi)Trade E- mail: dgft@nic.in

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F.No 01/93/180/20/AM-13/PC-2(B) /e-5200