Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Corporategenie   31 January 2024

Why would a business need to modify its import export code (iec), and what is the process for making

Businesses may find the need to modify their Import Export Code (IEC) due to various reasons such as changes in business details, authorized personnel, or operational processes. The modification process involves submitting an application to the Directorate General of Foreign Trade (DGFT) outlining the required changes along with supporting documents. This may include updated bank certificates, address proofs, or any other relevant documentation depending on the nature of the modification. It is crucial to ensure that the modified information aligns accurately with the current business operations. By undertaking IEC modifications, businesses can ensure that their import and export activities remain compliant with regulatory standards, facilitating smooth cross-border trade transactions.



Learning

 1 Replies

T. Kalaiselvan, Advocate (Advocate)     31 January 2024

Thanks for the information but what is the purpose of posting this information here.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register