DGFT
Got your Import Export Code (IEC)? Your work with it isn’t over yet.
Your IEC is valid for life, but the DGFT expects its details to stay up to date. If you’ve moved office, changed your phone number or email, or switched bank accounts, your IEC needs an update. Your IEC also needs an annual confirmation every year, even if nothing has changed.
In this video, Manisha Penmetsa from Kireeti Group explains:
✅ When your IEC needs updating, and what counts as a “modification”
✅ How to modify your IEC details on the DGFT portal, step by step
✅ The PAN / bank mismatch, one of the most common reasons the DGFT raises a query
✅ Whether one PAN can hold more than one IEC for more than one business
✅ Annual confirmation: the 1 April – 30 June window, and what happens if you miss it
✅ How and when to surrender your IEC, and which open obligations to clear first
Chapters:
0:00 Introduction
0:32 Quick recap: what an IEC is
0:56 When to modify your IEC
1:04 Watch out: PAN / bank mismatch
1:12 How to modify your IEC on the DGFT portal
1:36 Can one PAN have a second IEC?
2:00 Annual confirmation (1 Apr – 30 Jun)
2:24 Missed the window? After 30 June
2:32 Surrendering your IEC
2:48 Check open obligations before you surrender
2:56 Key takeaways
Want to Learn More About EXIM & DGFT ?
Explore our informative videos on export-import procedures, DGFT schemes, and trade-related updates.
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