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FOREIGN TRADE NOTIFICATION
2015-16

Notification No. 34 /2015-2020 , Dated: 29th January, 2016

Subject: Amendment in para 2.05 (c) of Foreign Trade Policy (2015-20)

In exercise of powers conferred by Section 3 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 existing para 2.05 (c) of Foreign Trade Policy(2015-20) and introduces a new provision, part (d) under para 2.05. The existing para reads as under:

2.05 Importer-Exporter Code (IEC)

(c) Briefly, following are the requisite details /documents (scanned copies) to be submitted/ uploaded along with the application for IEC:-

    (i) Details of the entity seeking the IEC:-

      (1) PAN of the business entity in whose name Import/Export would be done (Applicant individual in case of Proprietorship firms).

      (2) Address Proof of the applicant entity.

      (3) LLPIN /CIN/ Registration Certification Number (whichever is applicable).

      (4) Bank account details of the entity. Cancelled cheque bearing entity's preprinted name or Bank certificate in prescribed format ANF-2A (I).

    (ii) Details of the Proprietor/ Partners/ Directors/ Secretary or Chief Executive of the Society/ Managing Trustee of the entity:-

      (1) PAN (for all categories)

      (2) DIN/DpIN (in case of Company /LLP firm)

    (iii) Details of the signatory applicant:-

      (1) Identity proof

      (2) PAN

      (3) Digital photograph

2. After amendment para 2.05 (c) would read as under:

2.05 Importer-Exporter Code (IEC)

(c) Only the following are required to be uploaded along with the application for IEC with immediate effect:-

    (1) Digital photograph of the signatory applicant;

    (2) Copy of the PAN card of the business entity in whose name Import/Export would be done (Applicant individual in case of Proprietorship firms);

    (3) Cancelled cheque bearing entity's pre-printed name or Bank certificate in prescribed format ANF-2A(I)

3. The new insertion, part (d) under Para 2.05 would read as under:

(d) Only online application for IEC /modification in IEC can be made by applicants through digital signature (Class-II or Class-III) with effect from 1.4.2016.

4. Effect of this Notification: From the date of this notification only two documents are required to be uploaded /submitted along with the digital photograph while applying for IEC. Further, applications for IEC/ modification in IEC can be made only in online mode by applicants through digital signatures with effect from 1.4.2016.

(Anup Wadhawan)

Director General of Foreign Trade

E-mail: dgft[at]nic[dot]in

[Issued from F.No.01/89/180/20/AM-13/PC-2 (B)]