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DGFT Annual IEC Update: Repeated Compliance Burden on One Million Exporters

DGFT : The article argues that DGFT’s annual IEC updation forces exporters to repeatedly submit data already available with government ...

May 11, 2026 2808 Views 0 comment Print

Want to Start Import-Export? Here’s What Most People Don’t Realize at First

DGFT : Learn the critical legal steps for starting an export business in India, including IEC code, ICEGATE registration, and other neces...

July 8, 2025 1332 Views 0 comment Print

DGFT’s Annual IEC Updation: A Burden on Exporters

DGFT : India's exporters face mandatory annual IEC updates from DGFT, even with no changes. This practice burdens businesses and raises c...

June 28, 2025 1605 Views 0 comment Print

Registration Procedure for Obtaining IEC Code

DGFT : Learn the step-by-step procedure for obtaining an IEC code for import/export in India, including necessary documents and registrat...

August 5, 2024 3324 Views 0 comment Print

IEC CODE: Way to Start International Trade

Excise Duty : Unlock global trade success with the IEC code. Learn its legal significance, role in customs clearance, financial transactions, an...

January 16, 2024 1182 Views 3 comments Print


Latest News


DGFT allots IEC in 73 to 977 Years in advance

DGFT : Only one Importer Exporter Code (IEC) is allowed against a single Permanent Account Number (PAN) issued by Department of Income Ta...

May 19, 2015 2055 Views 0 comment Print


Latest Judiciary


Section 108 Customs Act Statements Admissible in Court: CESTAT

Custom Duty : Explore the CESTAT Delhi order on the admissibility of Section 108 statements under the Customs Act, revealing violations and pena...

April 19, 2024 1494 Views 0 comment Print

HC Quashes Order as SCN was delivered at old address despite intimation of new address

Custom Duty : Mahaveer NX challenges a customs order citing address discrepancy & lack of hearing. Madras HC sets it aside, directing issuance o...

April 11, 2024 846 Views 0 comment Print

SEIS benefits cannot be denied for not having IEC registration at the time of export

DGFT : Smarte Solutions Pvt. Ltd. Vs Union of India (Bombay High Court) The Hon’ble High Court, Bombay in the matter of M/s Smarte Solu...

August 4, 2022 7581 Views 0 comment Print

Customs Broker cannot use IEC of others without their knowledge for import by his client

Custom Duty : Falcon India (Customs Broker) Vs Commissioner of Customs (CESTAT Delhi) Regulation 10 (n) of CBLR 2018 (read with erstwhile Regula...

March 28, 2022 2877 Views 0 comment Print

Permanent IEC can be used for import of goods for personal use not connected with manufacture or agriculture

Custom Duty : The order of confiscation with an option for redemption fine and penalty for importer not having Importer Exporter Code (IEC) numb...

November 28, 2021 3708 Views 0 comment Print


Latest Notifications


Interest Equalization Scheme: Rs. 2.50 Cr per IEC cap for Quarter ending on 30.06.2024

DGFT : Stay updated on the recent amendments to Indias Interest Equalization Scheme, their implications, and the extended deadline till 3...

March 20, 2024 915 Views 0 comment Print

Separate registration in respect of First time import & export at JNCH

Custom Duty : Once registration is completed by an IEC holder for, first time import, Customs Officers will not insist upon registration for exp...

March 29, 2023 5325 Views 0 comment Print

Third phase of deactivation of IECs not updated at DGFT initiated

DGFT : All IECs which have not been updated after 01.07.2020 shall be de-activated with effect from 01.02.2022. The list of such IECs may...

January 14, 2022 16860 Views 0 comment Print

Automatic re-activation of IEC without manual intervention

DGFT : IEC de-activated, would have the opportunity for automatic re-activation without any manual intervention or any visits to the DGFT...

November 19, 2021 8373 Views 0 comment Print

Extension in period of modification of IEC till 31.08.2021

DGFT : Period of modification of IEC is extended for the year 2021-22 only till 31.08.2021, and no fee shall be charged on modifications ...

August 9, 2021 1956 Views 0 comment Print


Latest Posts in IEC

DGFT Annual IEC Update: Repeated Compliance Burden on One Million Exporters

May 11, 2026 2808 Views 0 comment Print

The article argues that DGFT’s annual IEC updation forces exporters to repeatedly submit data already available with government databases. It claims the process imposes unnecessary costs and operational hardships without improving compliance.

Want to Start Import-Export? Here’s What Most People Don’t Realize at First

July 8, 2025 1332 Views 0 comment Print

Learn the critical legal steps for starting an export business in India, including IEC code, ICEGATE registration, and other necessary licenses for smooth operations.

DGFT’s Annual IEC Updation: A Burden on Exporters

June 28, 2025 1605 Views 0 comment Print

India’s exporters face mandatory annual IEC updates from DGFT, even with no changes. This practice burdens businesses and raises concerns about efficiency and legal compliance.

Registration Procedure for Obtaining IEC Code

August 5, 2024 3324 Views 0 comment Print

Learn the step-by-step procedure for obtaining an IEC code for import/export in India, including necessary documents and registration details.

Section 108 Customs Act Statements Admissible in Court: CESTAT

April 19, 2024 1494 Views 0 comment Print

Explore the CESTAT Delhi order on the admissibility of Section 108 statements under the Customs Act, revealing violations and penalties against GND Cargo Movers.

HC Quashes Order as SCN was delivered at old address despite intimation of new address

April 11, 2024 846 Views 0 comment Print

Mahaveer NX challenges a customs order citing address discrepancy & lack of hearing. Madras HC sets it aside, directing issuance of SCN for correction.

Interest Equalization Scheme: Rs. 2.50 Cr per IEC cap for Quarter ending on 30.06.2024

March 20, 2024 915 Views 0 comment Print

Stay updated on the recent amendments to Indias Interest Equalization Scheme, their implications, and the extended deadline till 30.06.2024

IEC CODE: Way to Start International Trade

January 16, 2024 1182 Views 3 comments Print

Unlock global trade success with the IEC code. Learn its legal significance, role in customs clearance, financial transactions, and government incentives. Get a step-by-step guide.

How to surrender IEC license online?

January 4, 2024 2934 Views 0 comment Print

Learn how to surrender IEC license online effortlessly. Understand the reasons, process, and required documents for IEC surrender. Ensure compliance and avoid future issues.

How to Apply for IEC (Import Export Code) and why it is necessary?

December 3, 2023 5085 Views 0 comment Print

Learn what an IEC (Import Export Code) is and why it’s important when conducting business abroad. Get insight on how to obtain it quickly & easily!

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