TIOL-DDT 2776 · Monday, 1 February 2016 · story 4 of 7

FTP - IEC Code - Ease of Doing Business

To get an Importer-Exporter Code (IEC)following are the requisite details/documents (scanned copies) to be submitted/ uploaded along with the application for IEC:

(i) Details of the entity seeking the IEC:

(1) PAN of the business entity in whose name Import/Export would be done (Applicant individual in case of Proprietorship firms).

(2) Address Proof of the applicant entity.

(3) LLPIN /CIN/ Registration Certification Number (whichever is applicable).

(4) Bank account details of the entity. Cancelled cheque bearing entity's pre- printed name or Bank certificate in prescribed format ANF-2A (I).

(ii) Details of the Proprietor/ Partners/ Directors/ Secretary or Chief Executive of the Society/ Managing Trustee of the entity:

(1) PAN (for all categories)

(2) DIN/DPIN (in case of Company /LLP firm)

(iii) Details of the signatory applicant:

(1) Identity proof

(2) PAN

(3) Digital photograph

The Government has amended the Foreign Trade Policy to stipulate that only the following are required to be uploaded along with the application for IEC with immediate effect:

(1) Digital photograph of the signatory applicant;

(2) Copy of the PAN card of the business entity in whose name Import/Export would be done (Applicant individual in case of Proprietorship firms);

(3) Cancelled cheque bearing entity's pre-printed name or Bank certificate in prescribed format ANF-2A(I)

And from 1.4.2016 only online application for IEC /modification in IEC can be made by applicants through digital signature.

DGFT Notification No. 34/2015-2020 , Dated: January 29, 2016