Online Import Export Code (IEC) Modification/ Updation with LogicalTax | Anywhere from India
LogicalTax Team help you to update/modify your details in Import Export Code Certificate within 24 hrs.
Table of Contents
How to update/modify Import Export Code Online
Latest Updates on IEC Code Online dated 12.02.2021
DGFT notifited that an IEC holder has to ensure that the details in his IEC are updated electronically every year during the period April-June. In cases where there has been no change in the IEC details, they also need to be confirmed online.
If not updated within the stipulated time, an IEC will be de-activated. IEC so de-activated may be activated, on its successful updation. This would however be without prejudice to any other action taken for violation of any other provisions of FTP.
An IEC can also be flagged for investigation. The IEC holder requires that any risk identified by the system be addressed in a timely manner; failing which the IEC shall be deactivated.
Benefit of IEC Modification online
Continuity of Validity
If Import Export code (IEC) was not updated timely then certificate will be deactivated. i.e. no more valid.
Data Linkage
After IEC updation, details on Adhar, Pan, MCA, GSTIN will same, which will reduce discrepancy.
Reduces the Risk of Illegal Import or Export
After De-activation of IEC, any import or export will be illegal. Hence need to be updated timely.
What type of changes need to be made in IEC code modification
- Firm Name or Address with Branch Details
- Addition / alteration/ deletion of Proprietor or partner or director
- Change in Business activities like manufacturer or merchanter or service provider
- Change in registered mobile number and email id.
- Bank details update/modification
- Firm Name or Address with Branch Details
- Addition / alteration/ deletion of Proprietor or partner or director
- Change in Business activities like manufacturer or merchanter or service provider
- Change in registered mobile number and email id.
- Bank details update/modification
online IEC Modication Fees
All Inclusive Pricing – No Hidden Fee
Documents Required for IEC Modification
Old IEC Certificate
Proof of Establishment
Cancel Cheque
Proof of Business Address
Proof of Branch Address
Proof of Detail which need be modify
