Subscribe our updates
on tax/law: Click
Here
(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II,
SECTION – 3, SUB-SECTION (II))
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NEW DELHI
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NEW DELHI
NOTIFICATION NO. 34/2015-20, Dated: January
29, 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.
[F.No.01/89/180/20/AM-13/PC-2
(B)]
(Anup Wadhawan)
Director General of Foreign Trade
Director General of Foreign Trade
Comments
Post a Comment