Online IEC applications are to be processed via notified net banking banks; manual filing remains available for others.
Operationalisation of mandatory online applications for Importer Exporter Code (IEC) is notified; applicants with net banking access through ten specified banks must apply online in the prescribed format, while applicants without such access may continue submitting manual IEC applications in physical form using the existing ANF 2A format and procedure until further notice.

IEC application verification requires documentary and online PAN/DIN checks; all positive checks generate e-IEC, negatives prompt rejection.
Regional Authorities must verify applicant signatory and entity details against uploaded identity and PAN documents and cross-check PAN and corporate data with Income Tax and Ministry of Corporate Affairs online services; address and bank particulars must be validated by recent utility/registration documents and cancelled cheque/bank certificate. Applications with all checklist items affirmed result in e-IEC generation and notification; any negative checklist item results in rejection with an emailed reasoned rejection, and rejected applicants may reapply upon payment of fees.

EPCG authorizations: annual export obligations to be re-fixed where sector exports fell over 5%, per DGFT circular.
Regional Authorities must re fix Annual Average Export Obligations for EPCG authorisations for 2013 14 where sector/product exports declined over 5% (2013 14 v. 2012 13) as per Para 5.11.2 HBP v1; reductions must be endorsed in licence files and reflected in amendment sheets, and prior Para 5.11.2 circulars must be considered before issuing demand notices, with the requirement included in the EODC check sheet.

Focus Product Scheme product description corrected: cornmint and dementholised peppermint oil spellings revised in Appendix 37 D.
The Director General of Foreign Trade, under powers conferred by the Foreign Trade Policy, corrects typographical errors in Appendix 37 D Table I of the Focus Product Scheme by revising the product description for the FPS entry at serial number 777 (HS code 33012590), substituting the corrected terms "Cornmint Oil" and "Dementholised Peppermint Oil"; the amendment is issued as a corrigendum to Public Notice No. 52 and applies to the notified Appendix 37 D entry.

Export obligation period reduced for natural rubber under Advance Authorization/DFIA, imposing a shortened compliance timeframe.
The amendment to Appendix 30A adds Natural Rubber as a specified input for Advance Authorization and DFIA schemes and fixes the Export Obligation Period measured from the date of clearance of each import consignment by the customs authority. Where Natural Rubber is allowed as an input under these schemes, the export obligation period is reduced to six months from the date of customs clearance, and the change takes immediate effect.

Import allocation restrictions for rough marble require authorised importers to report monthly and face penalties for misrepresentation.
Allocation of import quantities of Rough Marble and Travertine Blocks for FY 2014-15 distributes eight lakh metric tonnes among 472 applicants; Regional Authorities will issue import authorisations from 9th to 15th January 2015. Applicants making false declarations face forfeiture of allocation, debarment from future allocations, and statutory penal liability. Authorisation holders must file monthly import returns with the relevant Regional Authority by the 15th day of the succeeding month, as a mandatory compliance requirement under the governing notification.

Operational postponement of online IEC applications; applicants must continue submitting paper IEC applications with required documents and fees to RAs.
Postponement of operationalisation of Public Notice No. 76 defers the mandated online IEC submission; until a new date is notified, applicants must submit IEC Application Forms, supporting documents and the prescribed fee to the concerned jurisdictional Regional Authorities following the procedure that existed prior to the intended online rollout.

Online IEC filing mandatory: all IEC submissions and deficient prior applications must be refiled via the electronic portal for compliance.
Online filing of Importer Exporter Code (IEC) applications is mandatory, requiring all new IEC submissions to be made through the DGFT electronic portal; applications submitted before the implementation date that have received deficiency letters must likewise be re-submitted online, and trade and industry are directed to comply with the referenced public notices and policy circulars.