The DGFT vide Notification No. 16/2015-2020 dated August 09, 2021 has further amended para 2.05(d) of Chapter-2 of Foreign Trade Policy, 2015-2020 to extend the period of updating/ confirming the details in Import Export Code (“IEC”).
An IEC holder has to ensure that details in its IEC is updated electronically every year, during April-June period. However, for the current year only, this period is extended by another month i.e. till August 31, 2021. Earlier, this was extended to July 31, 2021.
Further, fee charged for modification of IEC during the month of August, 2021 shall be NIL.
The Notification can be accessed at: https://content.dgft.gov.in/Website/dgftprod/7f598eab-85a6-4289-8653-83458880c81f/Notifi%2016%20dt%2009-08-21%20Eng.pdf