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An Import Export Code (IEC) is a 10-digit unique code issued by the Directorate General of Foreign Trade (DGFT) that serves as a license for importing and exporting goods and services. It is a crucial requirement for businesses involved in international trade. However, sometimes, businesses may need to modify their existing IEC code due to changes in ownership, business name, or address. In this blog, we will discuss how to modify your existing IEC code.
Understanding the Modification Process
Before attempting to modify your IEC code, it is essential to understand the modification process. The process involves submitting an application to the DGFT, which will be processed and approved if all requirements are met.Steps to modify your IE Code
Modifying your Import Export Code (IEC) code can be a necessary step in the course of doing business. Whether you’ve had a change in ownership, business name, or address, it is important to update your IEC code to reflect these changes. Here are the steps to modify your IEC code:- Download the IEC Modification Form
- Prepare Supporting Documents
- Submit the Application and Supporting Documents
- You can online submit your application and documents online through the DGFT website.
- You can mail your application and documents to the DGFT’s regional office.
- Wait for Processing and Approval
Types of Modifications
There are different types of modifications that can be made to an IEC code. Some common modifications include changes in ownership, business name, or address.- Change in ownership
- Change in business name
- Change in address
Supporting Documents Required
To modify your IEC code, you will need to submit supporting documents along with your application. The required documents may vary based on the type of modification being made. Here are some of the common supporting documents required for IEC modification:- Change in ownership
- Change in business name
- Change in address