Notification No. 16/(2015 - 2020) Dated. 09th August, 2021
Issued By. DGFT
SubjectExtension in period of modification of IEC till 31.08.2021 and waiver of fees for IEC updation done during August, 2021- reg.
S.O.(E): In exercise of powers conferred by Section 3 read with Section 5 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 provision in Para 2.05(d) of Chapter-2 of Foreign Trade Policy, 2015-2020 as under:
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Para No. |
Existing Provision |
Revised Provision |
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An IEC holder has to ensure that details in its IEC is updated electronically every year, during April- June period. However, for the current year only, this period is extended by another month i.e. till 31st July, 2021. |
An IEC holder has to ensure that details in its IEC is updated electronically every year, during April- June period. However, for the current year only, this period is extended by another month i.e. till 31st August, 2021. |
2. Further, fee to be charged for modification of IEC done during the month of August, 2021 will remain 'Nil' .
3. Effect of this Notification: Period of modification of IEC is extended for the year 2021-22 only till 31.08.2021, and no fee shall be charged on modifications carried out in IEC during the period upto 31st August, 2021 .