Common identification based on PAN to replace IE Code, requiring PAN submission and phased adoption of the PAN based identifier. Importers and exporters must furnish their Permanent Account Number to DGFT for allotment of a PAN based IE Code; customs documents will initially show both the existing IE Code and PAN during a transition and thereafter use the PAN based IE Code exclusively. Public notices and administrative instructions will be issued to implement PAN as the common identifier to enable inter departmental data sharing, verification of Modvat and export rebate claims, and to support selective risk based assessment of import/export transactions.
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Common identification based on PAN to replace IE Code, requiring PAN submission and phased adoption of the PAN based identifier.
Importers and exporters must furnish their Permanent Account Number to DGFT for allotment of a PAN based IE Code; customs documents will initially show both the existing IE Code and PAN during a transition and thereafter use the PAN based IE Code exclusively. Public notices and administrative instructions will be issued to implement PAN as the common identifier to enable inter departmental data sharing, verification of Modvat and export rebate claims, and to support selective risk based assessment of import/export transactions.
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