Online IEC applications: Operationalised yesterday

By Vijay Kumar

THE operationalisation of the mandatory system of online applications for IEC with effect from 01/01/2015 was notified vide DGFT Public Notice 76 dated 27/11/2014. This was, however, kept in abeyance vide Public Notice No. 80 dated 6.1.2015.

Now, the DGFT has notified operationalisation of the new system of applications for online IEC with effect from 01/02/2015. Applicants having access to net-banking facility with ten notified banks can apply online in the format notified as per detailed guidelines laid down in Public Notice No.79 dated 31/12/2014.

Applicants who do not have access to net banking through the notified banks can submit manual applications for IEC as before (existing prior to 01/02/2015), in physical form in the existing format (ANF-2A) and procedure with documents as prescribed, until further notice.

DGFT Public Notice No. 83 (RE)2013/2009-14, Dated: January 30 2015