Government to issue Importer Exporter Code online

Image
IANS New Delhi
Last Updated : Feb 03 2015 | 3:45 PM IST

The government has further facilitated e-commerce with the Directorate General of Foreign Trade (DGFT) operationalising online filing and processing of applications and issue of codes in digital format.

Exporters and importers can now apply online for new Importer Exporter Code (IEC) number as the, the commerce ministry said in a release here Tuesday.

The required documents for getting the IEC can be uploaded by the applicants online and the fee can be paid through net banking, the statement said.

"Even the "rocessing of such applications by regional authority of DGFT would be done online and the digitally signed e-IEC would be issued/emailed to the applicants within two working days," it added.

I"complete, or otherwise ineligible, applications would be rejected and an auto generated rejection email (with reasons for rejection) would be sent to the applicant within two working days.

The DGFT is also working on enabling payment of fees through debit and credit cards.

According to the ministry, the online system once implemented, would be made mandatory.

Till that happens, the existing manual system has also been allowed side by side, in order to facilitate those applicants who do not have net banking facility, the release added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 03 2015 | 3:38 PM IST

Next Story