IEC Modification

IEC modification is required when businesses need to update details on their Importer Exporter Code (IEC) certificate, such as business name, address, contact details, or bank information. The Directorate General of Foreign Trade (DGFT) mandates that any changes in business details must be promptly updated to ensure seamless international trade operations. Keeping the IEC certificate updated helps businesses avoid discrepancies and ensures compliance with government regulations.

The modification process is done online through the DGFT portal, where businesses need to log in, update the necessary details, and submit the required documents for verification. Once approved, the updated IEC certificate is issued with the corrected details. There is a government fee applicable for modifications, and businesses must ensure accuracy while submitting their requests to prevent rejection or delays.

Timely IEC modification is crucial for uninterrupted import-export activities. If outdated or incorrect information is not updated, businesses may face issues with customs clearance, banking transactions, or international trade compliance. Ensuring accurate IEC details helps in maintaining a smooth workflow and enhances credibility in global trade.

Procedure for IEC Modification

Simple Easy Process

Documentation

Filing Application

Deed Drafting

Verification

Uploading forms

Get Certificates

Why & benefits of IE Code E-KYC.?

IEC modification is necessary to keep business details up to date and ensure compliance with the Directorate General of Foreign Trade (DGFT) regulations. Any changes in business name, address, contact details, or bank information must be updated in the IEC certificate to avoid discrepancies during import-export transactions. Keeping the IEC information accurate prevents unnecessary delays and ensures seamless international trade operations.

One of the key benefits of IEC modification is that it helps businesses maintain smooth customs clearance and banking transactions. Incorrect details on the IEC certificate can lead to complications while processing shipments, receiving foreign payments, or applying for export incentives. Updating the IEC ensures that businesses can carry out international trade without any disruptions.

Another advantage of timely IEC modification is improved credibility and trust in global markets. International buyers, suppliers, and financial institutions rely on accurate business details for verification and transactions. Having updated IEC information enhances the reputation of a business and assures trade partners of its legitimacy and compliance with trade regulations.

Modifying the IEC is a simple online process through the DGFT portal, making it easy for businesses to update their details without unnecessary paperwork. This digital process ensures faster approval and reduces administrative burdens, allowing businesses to focus on expanding their global reach.

Failure to modify IEC details on time can lead to operational challenges, including restrictions on international trade activities. By keeping IEC information updated, businesses can avoid legal issues, prevent delays in trade processes, and ensure continuous growth in the import-export sector.

Documents Required

Identity proof

Address proof

Photograph

Cancelled Cheque/ Authorisation Letter

Company documents (except Individual/ proprietor)

Who Can Obtain IEC?
Any individual, proprietor, partnership firm, private limited company, public limited company, society, joint venture, or any other business entity can obtain an Importer Exporter Code (IEC) under the Directorate General of Foreign Trade (DGFT), governed by the Government of India.

Is There Any Government Fee?
Yes, there is a government fee for IEC registration under DGFT. The fee for individuals, proprietors, MSMEs, or any business entity is Rs. 500/- (five hundred rupees), which is a non-refundable charge.

How to Find IEC Registration Number?
The Importer Exporter Code does not have a separate license number; instead, it is linked to the applicant's 10-digit PAN. Once registered, the details can be found on the IEC certificate issued by DGFT.

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