https://www.taxtmi.com/article/detailed?id=15572 IEC operates as a PAN based electronic Importer Exporter Profile issued after Aadhaar authentication and PAN verification; it is mandatory for import/export unless exempt. Every IEC holder must perform statutory annual updation during April-June (including a no change declaration) or face automatic deactivation. IECs may be modified online at any time and are reactivated immediately after required updation without penalty. Deactivation blocks access to DGFT authorisation schemes, export incentives, and may cause customs and banking delays. en-us Tue, 09 Dec 2025 08:43:01 +0530 Tue, 09 Dec 2025 08:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15572 IEC operates as a PAN based electronic Importer Exporter Profile issued after Aadhaar authentication and PAN verification; it is mandatory for import/export unless exempt. Every IEC holder must perform statutory annual updation during April-June (including a no change declaration) or face automatic deactivation. IECs may be modified online at any time and are reactivated immediately after required updation without penalty. Deactivation blocks access to DGFT authorisation schemes, export incentives, and may cause customs and banking delays. Articles Customs - Import - Export - SEZ Tue, 09 Dec 2025 08:43:01 +0530 https://www.taxtmi.com/article/detailed?id=15572