DGFT amends Appendix-2K providing for Updation of IEC of FTP 2015-20

Apr 08, 2021 | by Avantis RegTech Legal Research Team

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Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on March 31, 2021 has amended Appendix-2K providing for Updation of IEC under Foreign Trade Policy 2015-20.

In S.No. 6 of Para 1 Appendix 2K (Scale of application fee and procedure for Deposit/Refund of Application fee/penalty etc) of Foreign Trade Policy 2015-20, a new provision S. No. 6(A) has been inserted, namely: -

“S.No 6 (A) -Annual Updation of IEC during the period April to June as per Para 2.05 of HBP” 

Therefore, no fee will be charged on the application for updation of IEC between April-June of each year. 

[Public Notice No- 49/2015-20]

 


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