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Import export code renewal

Sreeja Gopinath (6 Points)

27 June 2021

is it mandatory to renew the IECode?
what are the documents if needed?

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Prabhat Pandey (210 Points)
Replied 27 June 2021

No,IEC code is effective for the lifetime of an entity and requires no renewal. After it is obtained, it could be used by an entity against all export and import transactions...

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 27 June 2021

Yes it's mandatory.
As per Notification 58/dated 28/2/2021
New circular for applying, updating IEC (Now e-IEC). Every year from April to June even if all details of IEC remain same all existing holders have to confirmed compulsory. IEC may be de-activated if not updated/ confirmed. Whatever queries raised by DGFT will be flagged in IEC and reply has to be given within specified time. Alert all clients to do so and keep checks frequently on it.

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