FTP - Cancellation of validity of Multiple IECs against single PAN
DGFT has amended para 2.9(b) of HBP(Vol.I) (2009-14) to stipulate that:
"Only one IEC shall be issued against a single PAN. Multiple IECs issued against a single PAN will be deactivated suo-moto after 31.03.2015."
Accordingly, all Importers/exporters having multiple IECs against a single PAN have the option of retaining any one IEC and surrender all other IECs to the concerned RAs by 31.03.2015 for cancellation.
DGFT Public Notice No. 87 (RE-2013)/2009-2014, Dated: February 17, 2015