Yes, as per DGFT notification No. 58, dated 12.02.2021, every business entity that has obtained IEC shall update its information online every year during the month of April to June. In a case where there is no change, the same has to be confirmed by the applicant. Failure to update IEC may lead to deactivation of IEC and thereafter, would be activated after updating of details.
By Chandan Todi|2021-09-17T20:52:20+05:30September 17th, 2021|Categories: Import Export Code|Comments Off on Is it required to update the IEC details periodically or annually?