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Limited period Amnesty Scheme for EODC of outstanding AA and EPCG Licences notified. Please refer to DGFT Public Notice 02/2023 dated 1st April 2023 for details.

With GST evasion crossing over Rs 1 lakh crore in 2022-23, Centre and state tax officers have initiated a two-month long special drive to identify fake GST registration and nab offenders. During the 'Special All-India Drive' from May 16 to July 15, to detect suspicious/ fake GSTINs, tax officers would also conduct requisite verification and take further remedial action to weed out these fake billers from the GST eco-system.

Regardless of any change in the IEC details, every IEC holder must update their information every year from April to June. Not updating the details can result in the deactivation of their IEC code, and they won't be able to continue their import-export operations.
Last date for Updation IEC - 30.06.2023 for F.Y. 2023-24