De-Activation of IECs not updated on the DGFT: Trade Notice
- Blog|GST & Customs|News|
- 56 Views
- < 1 minute
- By Taxmann
- Last Updated on 21 September, 2021
Trade Notice 18/2021-2022 Dated September 20th, 2021
All IEC holders have to ensure that the details in their IEC are updated electronically every year during April-June period. Now, the DGFT has issued notice to provide that IECs which are not yet updated shall be de-activated with effect from 6th October, 2021.
This de-activation activity is being initiated in a phased manner. However, IEC holders are provided one final opportunity to update their IEC till 5th October, 2021. It is also provided that any IEC which shall be de-activated would have the opportunity for automatic re-activation without any manual intervention or a physical visit to the DGFT RA.
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of Editor-In-Chief Mr. Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in our publications and research platform. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- Keep the readers abreast with the latest developments in the judicial and legislative fields
- Prepare the analytical write-ups on recent, controversial, and contagious issues to help the readers to understand the event and its implications
- Every content published by Taxmann should be complete, accurate and lucid
- All evidence-based statements must be supported with proper reference to Section, Circular No., Notification No., or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Choose a font and size that’s easy to read, and remain consistent across all imprint and digital publications