The para 2.9(b) of the Handbook of Procedure (HBP-Vol.I) (2009-2014) provides for
only one IEC against a single PAN. However, DGFT has noticed from the centralised IEC
data bank that multiple IECs have been obtained by some firms/companies from various
Regional Authorities of DGFT against the single PAN. This requires corrective action for
maintaining consistency with policy and data integrity. Therefore, in exercise of powers conferred under paragraph 2.4 of the Foreign Trade
Policy (2009-2014), the Director General of Foreign Trade amended para 2.9(b) of
HBP(Vol.I) (2009-14) as under:
“2.9.(b): Only one IEC shall be issued against a single PAN. Multiple IECs issued against a single PAN will be deactivated suo-moto after 31.03.2015.”
Accordingly, all Importers/exporters having multiple IECs against a single PAN have the option of retaining any one IEC and surrender all other IECs to the concerned RAs by 31.03.2015 for cancellation.
Multiple IECs against a single PAN, if not surrendered before 31.3.2015, will be deactivated.
“2.9.(b): Only one IEC shall be issued against a single PAN. Multiple IECs issued against a single PAN will be deactivated suo-moto after 31.03.2015.”
Accordingly, all Importers/exporters having multiple IECs against a single PAN have the option of retaining any one IEC and surrender all other IECs to the concerned RAs by 31.03.2015 for cancellation.
Multiple IECs against a single PAN, if not surrendered before 31.3.2015, will be deactivated.
No comments:
Post a Comment