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of <h1>New Guidelines for Online IEC Applications: Digital Issuance and Two-Day Processing Effective January 1, 2015.</h1> The circular outlines guidelines for Regional Authorities to process Online Importer Exporter Code (IEC) applications, effective January 1, 2015. Applications must be submitted online, and IEC certificates will be issued digitally. Applicants with digital signatures can submit applications online, while others must submit signed printouts. Applications should be processed within two working days, with either an e-IEC or rejection letter issued. There is no provision for deficiency letters; rejected applications require resubmission. Verification includes checking applicant details, address, and bank information against official records. Competent authorities are designated to issue or reject applications based on these criteria.
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