IEC exemption revised: CIF value thresholds for specified border consignments raised, changing eligibility for IEC exemption. Amendment revises the category of persons exempted from Importer-Exporter Code (IEC) exemption by adjusting CIF value ceilings for import/export consignments to and from Nepal, Myanmar (through Indo Myanmar border areas), and China (through specified frontier points), allocating distinct per consignment CIF thresholds by route and by port, and thereby changing the eligibility for the IEC exemption for small value border trade consignments.