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of <h1>DGFT Simplifies Online IEC Applications: No More Digital Signatures or PAN Copies Required, Effective August 9, 2018.</h1> The Directorate General of Foreign Trade has amended the policy for online Importer-Exporter Code (IEC) applications to improve ease of doing business. Effective August 9, 2018, the requirement for digital signatures and the submission of a PAN copy has been removed. Applicants now need only an address proof and a cancelled cheque or bank certificate. IECs will be system-generated upon submission of complete applications, and applicants will receive notifications via SMS and email. Post-verification by Regional Authorities will ensure compliance, with penalties for misinformation. IEC holders must update their profiles regularly, and entities claiming manufacturer exporter benefits must independently verify their status.
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