News & Alert
Attention of all Importers, Customs Brokers, Members of the Trade and others is invited towards the roll out of GST in India with effect from 01.07.2017. In this regard, several changes are anticipated in BE/SB declarations in alignment with proposed GST implementation there for
State Codes are change
We would like to update you on IEC from DGFT. Also please find enclosed DGFT PN on GST.
As on date PAN has one to one correlation with IEC. With the implementation of the GST for the existing IEC holders, necessary changes in the system are being carried out by DGFT so that their PAN becomes their IEC. DGFT system will undertake this migration and the existing IEC holders are not required to undertake any additional exercise in this regard. IEC holders are required to quote their PAN (in place of existing IEC) in all their future documentation, w.e.f. the notified date. The legacy data which is based on IEC would be converted into PAN based in due course of time.