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Changes in IEC with the introduction of GST

diamond world news service

The Director General of Foreign Trade (DGFT) has issued a Trade Notice No.09 dated 12th June, 2017 regarding the changes in IEC with the introduction of GST.

Vide this Trade Notice DGFT has informed that for the existing Importer Exporter Code (IEC) holders, necessary changes in the system are being carried out by DGFT so that their PAN becomes their IEC.  DGFT system will undertake this migration and the existing IEC holders are not required to undertake any additional exercise in this regard.  IEC holders are required to quote their PAN (in place of existing IEC) in all their future documentation, w.e.f. the notified date.

The GJEPC has requested its members to kindly take note of the same and the Members may download the DGFT Trade Notice from GJEPC website. URL: www.gjepc.org /Members/Trade Information/Circulars & Notifications

*GSTIN: Registration number under GST is GSTIN. It is a 15-digit alpha numeric number code with PAN prefixed by state code and suffixed by 3 digit details of business verticals of the PAN holder.


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