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Updating your Importer Exporter Code (IEC) online is now easier and mandatory. Whether it is a change in business name, address, or contact details, the DGFT portal allows seamless online IEC modification. As per DGFT rules, IEC holders must confirm or update their details annually to avoid deactivation. Keeping your IEC updated ensures smooth international trade and compliance. This article will provide a complete guide to IEC modification online.
IEC modification means updating or correcting details in your Importer Exporter Code (IEC) issued by the Directorate General of Foreign Trade (DGFT). It is required when any key business information changes, like your company name, PAN, address, email, mobile number, or ownership details. IEC holders must update their information online through the DGFT portal. As per DGFT guidelines, all IEC holders must confirm or update their details annually, even if no changes have occurred. Failure to do so may result in the deactivation of the IEC code. Keeping your IEC updated ensures compliance, avoids penalties, and enables smooth international trade operations.
IEC (Importer Exporter Code) modification is needed whenever there is any change in your business details submitted during IEC registration. According to the Directorate General of Foreign Trade (DGFT), you must update your IEC immediately in the following situations:
Additionally, from July 2021, the DGFT mandates that all IEC holders must update or confirm their IEC details every year between April and June, even if there are no changes. Non-compliance may lead to IEC deactivation. Regular updates help maintain legal compliance and ensure smooth import-export operations.
Here is the process of how you can easily modify your IEC online through the DGFT portal:
Step 1: Visit the DGFT Portal
Step 2: Access the IEC Dashboard
Step 3: Fill the IEC Modification Application Form
This is a crucial step. You need to carefully fill the IEC modification application form with updated details:
Upload all required supporting documents (see below).
Step 4: Upload Supporting Documents
Depending on what you are modifying, upload the following documents:
Step 5: Confirm and Submit the Application
Step 6: Pay the Government Fees
Step 7: Acknowledge and Track Status
Step 8: Download the Updated IEC Certificate
This document is important for customs clearance and banking during trade.
Here are the common mistakes to avoid during IEC modification online and how to avoid them:
DGFT Notification No. 58/2015-2020 mandates that every IEC holder must update or confirm their IEC annually between April and June, even if no changes have occurred. Not doing this can result in IEC deactivation. Set a reminder every year to log into the DGFT portal and update/confirm your IEC.
Submitting incorrect PAN numbers, business names, or entity types during modification leads to data mismatch. Your IEC is linked to your PAN, so any discrepancy can trigger rejection. Double-check your business PAN and legal entity name before updating details.
Many applicants upload expired or invalid address proofs, incorrect cancelled cheques, and blurred or illegible scans. This results in the automatic rejection of your IEC modification application. Upload clear, recent, and self-attested documents in PDF or JPEG format. Always check the DGFT’s document format and size guidelines.
If you are a company, LLP, or partnership firm, using a Digital Signature Certificate (DSC) is mandatory for signing the IEC modification form. Use a valid Class 2 or Class 3 DSC in the name of the authorised person or director.
A common mistake is entering the wrong IFSC code, account number, or bank name while updating bank details. Cross-verify your bank details from the cheque leaf or bank certificate before entering them in the IEC modification application form.
If the name of the person signing the application does not match the DGFT records or board resolution, your application may be rejected. Ensure the authorised signatory’s name, PAN, and position match the company’s MCA/DGFT filings.
Leaving mandatory fields blank or entering "NA" without justification can trigger errors or rejections. Fill out every section of the IEC modification application form carefully. Use “Not Applicable” only where allowed and relevant.
After submission, some businesses forget to track their application status or ignore emails from DGFT asking for corrections or additional documents. Regularly log into your DGFT dashboard and check notifications or application status.
Your email and mobile number are used for OTPs and communication from DGFT. An error here can prevent you from receiving important updates. Always keep your IEC-linked contact details updated and double-check before submission.
Some users try to modify IEC using old or inactive login credentials, which leads to session timeouts or access issues. Always log in using the correct credentials associated with your IEC and reset your password if needed.
Non-compliance with the IEC modification can have the following consequences:
Keeping your IEC updated is not just a rule, but your gateway to hassle-free international trade. Timely IEC modification protects your business from penalties, delays, and deactivation. With the DGFT’s easy online system, staying compliant is now just a few clicks away. In this article, you have learned about the process of IEC modification online in detail. To get support and assistance in filing an IEC modification from professional experts, contact Online Legal India.