PXL/HO/Cir-050/2021-22 Date: 10.08.2021
Subject: DGFT Extended period for modification of IEC till 31.08.2021 and waiver of fees for IEC updation done during August 2021-reg
This is in continuation of our Circular 03.July.2021, & Circular 22.July.2021we would like to inform that DGFT vide its notification No.16/2015-2020 dt 09, August 2021 extended the date for modification and up-dation of IEC online up to 31st August, 2021 and the notification further states that there will be no charges/fees for modification of IEC till 31.August.2021.
Member companies are hereby requested to update/modify their IECs electronically (as per para 2.05(d) of FTP) and may complete the process during the extended time. DGFT has further informed that if an exporter fail to update the IEC before 31st August 2021, it will lead to the suspension* of respective company IEC.
Effect of this Notification: Period of the modification of IEC is extended for the year 2021-22 only till 31.08.2021, and no fees shall be charged on modifications carried out in IEC during the period upto 31.August.2021.
A copy of the notification from DGFT is enclosed and linked for kind information.
Encl: Extended Notification
*suspension will be auto revoked on the updation of the IEC.