CS PURSUING
43853 Points
Joined December 2009
IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies
NOTED THAT IEC CODE IS VAILD unless the prop. /director / partner doesn't surrender it.
in view of above,
If an IEC holder does not wish to operate the allotted IEC number, he may surrender the same by informing the issuing authority. On receipt of such intimation, the issuing authority shall immediately cancel the same and electronically transmit it to DGFT for onward transmission to the Customs and Regional Authorities.