TaxTMI 
TaxTMI 
Introduction of new IE Code based on Permanent Account Number (PAN) allotted by the Income-Tax Department - Instructions regarding
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....Customs, New Delhi Subject : Introduction of new IE Code based on Permanent Account Number (PAN) allotted by the Income-Tax Department - Instructions regarding I am directed to say that Ministry of Finance, in consultation with the Ministry of Commerce, has decided that all persons dealing with various regulatory agencies, such as the Central Excise and Customs Department (including Service ....
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....ns dated the 16th November, 1999 (see Annexure-II) requiring importers/exporters to furnish their PAN for allotting the new IE Code by the DGFT. 3. It is to be mentioned that w.e.f. 1-1-2000, the importers and exporters would be required to indicate on the customs documents (B/E & S/B) both the existing IE Code issued by the DGFT and the PAN issued by the Income-Tax Department. However, from 1-....
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....entral Excise Department is also registering the various manufacturers and allocating a separate series of registration numbers. The RBI separately used to allocate a CNX number for identification of the exporters. The main objective of allocating an alphanumerical number by the Government agencies is to identify the assessees/exporters/importers. It is also used to identify in some cases the c....
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....duct with any of the Government Departments could be ascertained, such a linkage can help in verification of availment of Modvat, excise rebate on exports etc. Such a measure would be particularly helpful in introducing selective risk based assessment of import/export transactions instead of verification of each and every shipping bill or bill of entry. A common identifier would immediately help o....