import export code
This query is : Resolved
22 August 2009
what is the process of changing the address in the IEC and what papers are requierd for the same?
23 August 2009
In addition to updation of IEC, if there is any change in the existing IEC, like change of directors, change of name or constitution, change of address or addition/deletion of branch, the following documents are required to be submitted.
Request letter on Letter Head for Status Modification.
Application as per Appendix 2 and 3 in duplicate.
Documentary evidence preferably Electric bill, telephone bill, lease agreement copy, Sales Tax/Excise Certificate/SSI for change or inclusion of addresses. For change of directors please submit copy of Form-32. In case of change of name or change of constitution, ROC/Partnership deed copy as applicable should be submitted.
Also refer to para 9.1(b) of H.B.2002-2007 regarding change in name and constitution is reproduced below.
" If there is any change in the name/address or constitution of IEC holder/licencee/Actual User eligible for import without a licence/recognised status holders, the concerned IEC holder/licencee/Actual User/status holders, as the case may be, shall cease to be eligible to import or export against the licence/IEC N0. or any other facility permitted under the Policy and Handbook, after expiry of 60 days from the date of such change in his name or constitution, unless in the meantime,
the IEC holder/licencee/status holders has got the consequential changes affected in the IEC NO/licence or the recognition certificate, as the case may be , by the concerned licensing authority;
the Actual User has got the consequential changes affected from the concerned authority in the industrial licence issued by the Secretariat for Industrial Assistance (Ministry of Commerce and Industry) or Certificate of Registration as an Actual User issued by Director of Industries of the State Government or has received an acknowledgement for filing of a memorandum with the Secretariat for Industrial Assistance. Provided, however, the licensing authority issuing the IE Code may, condone the delay on payment of a penalty of Rs.5000/-.
However, the change in the director of a public limited company shall not be considered as a change in the constitution of the company."
Penalty of Rs.5000/- payable in favour of Licencing office (Jt.D.G.F.T, Mumbai in case of Mumbai office) by Challan or DD, in case of delay beyond 60 days as per para 9.1(b) of H.B.2002-2007 reproduced above is applicable in the following catagories.
Change of address of Registered Office of the firm/company.
Note: Date of change of address shall be either the date of agreement or the date of occupation of the new premises. In case of change of address of registered office to a branch/factory/residence address of the IEC holder already included in the IEC, self declaration of the IEC holder regarding date of change of address will be accepted.
Change of Partners.
Change of directors of a Private Limited Company.
Change of Proprietors in the Proprietorship concern.
Change of name of the firm/company.
Change of constitution.
Note: Penalty in case of delay will not be applicable in case of Inclusion/Deletion of branches/divisions/factory address
Self addressed envelope affixed with Rs.25/- Postal stamp.
Original IEC Certificate.
RBI declaration on the Letter Head as per sr.no.6 of Foot note to Appendix-3 in case of change of directors/partners/prop./Karta of the firm/company.
Self Certified copy of PAN.
10)In case of Mumbai office Submit Documents on the 2nd floor, North East Wing, IEC Counter, between 10.00a.m. and 12.30p.m. from Monday to Friday.
Request letter on Letter Head for Status Modification.
Application as per Appendix 2 and 3 in duplicate.
Documentary evidence preferably Electric bill, telephone bill, lease agreement copy, Sales Tax/Excise Certificate/SSI for change or inclusion of addresses. For change of directors please submit copy of Form-32. In case of change of name or change of constitution, ROC/Partnership deed copy as applicable should be submitted.
Also refer to para 9.1(b) of H.B.2002-2007 regarding change in name and constitution is reproduced below.
" If there is any change in the name/address or constitution of IEC holder/licencee/Actual User eligible for import without a licence/recognised status holders, the concerned IEC holder/licencee/Actual User/status holders, as the case may be, shall cease to be eligible to import or export against the licence/IEC N0. or any other facility permitted under the Policy and Handbook, after expiry of 60 days from the date of such change in his name or constitution, unless in the meantime,
the IEC holder/licencee/status holders has got the consequential changes affected in the IEC NO/licence or the recognition certificate, as the case may be , by the concerned licensing authority;
the Actual User has got the consequential changes affected from the concerned authority in the industrial licence issued by the Secretariat for Industrial Assistance (Ministry of Commerce and Industry) or Certificate of Registration as an Actual User issued by Director of Industries of the State Government or has received an acknowledgement for filing of a memorandum with the Secretariat for Industrial Assistance. Provided, however, the licensing authority issuing the IE Code may, condone the delay on payment of a penalty of Rs.5000/-.
However, the change in the director of a public limited company shall not be considered as a change in the constitution of the company."
Penalty of Rs.5000/- payable in favour of Licencing office (Jt.D.G.F.T, Mumbai in case of Mumbai office) by Challan or DD, in case of delay beyond 60 days as per para 9.1(b) of H.B.2002-2007 reproduced above is applicable in the following catagories.
Change of address of Registered Office of the firm/company.
Note: Date of change of address shall be either the date of agreement or the date of occupation of the new premises. In case of change of address of registered office to a branch/factory/residence address of the IEC holder already included in the IEC, self declaration of the IEC holder regarding date of change of address will be accepted.
Change of Partners.
Change of directors of a Private Limited Company.
Change of Proprietors in the Proprietorship concern.
Change of name of the firm/company.
Change of constitution.
Note: Penalty in case of delay will not be applicable in case of Inclusion/Deletion of branches/divisions/factory address
Self addressed envelope affixed with Rs.25/- Postal stamp.
Original IEC Certificate.
RBI declaration on the Letter Head as per sr.no.6 of Foot note to Appendix-3 in case of change of directors/partners/prop./Karta of the firm/company.
Self Certified copy of PAN.
10)In case of Mumbai office Submit Documents on the 2nd floor, North East Wing, IEC Counter, between 10.00a.m. and 12.30p.m. from Monday to Friday.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- Regarding TDS Applicability For Director Remuneration
- Value of property in capital gain
- Copyright software
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
