IEC updation extension: annual IEC update period extended and modification fees waived for updates completed in August. The annual requirement to update and confirm IEC details electronically, normally during April-June, is extended for the compliance year so updates and online confirmations may be completed through the end of August; modifications effected during August will attract no fee. The amendment revises Para 2.05(d) of Chapter 2 of the Foreign Trade Policy, 2015-2020, and preserves the requirement to confirm electronically where no changes are made.