Saturday 30 January 2016

IEC code --- Applied with only Two Documents



(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION – 3, SUB-SECTION (II))
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NEW DELHI
NOTIFICATION NO. 34/2015-20, Dated: January 29, 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 preprinted 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.
4. 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.
[F.No.01/89/180/20/AM-13/PC-2 (B)]
(Anup Wadhawan)
Director General of Foreign Trade

No comments:

Post a Comment