TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>GST Introduces PAN-Based IEC System for Streamlined Import-Export Processes; GSTIN Required for IGST Credits and Refunds.</h1> The introduction of GST requires changes to the Importer Exporter Code (IEC) system. The GSTIN, a 15-digit code based on PAN, will be used for IGST credit on imports and export refunds. Importers and exporters must declare GSTIN during transactions, while PAN will serve as the IEC for uniformity across departments. This change simplifies processes, as the PAN will now be the IEC, replacing the current 10-digit numeric code. Existing IEC holders will automatically transition to this system without additional steps. New applicants will use their PAN as their IEC, and legacy data will be updated accordingly.
TaxTMI 
TaxTMI 
