Moderate
There might be circumstances where a seller or a trader intends to shut a business for multiple reasons. Whether one wants to import or export products or services, IEC registration is mandatory. However, in an event where a business will be shut down, the seller can also surrender the IEC certificate. It is now mandatory for all Importer Exporter Code (IEC) holders, regardless of any changes, to update and confirm their IEC details once a year. This process needs to be finished using the online system every year between April and June. The IEC will be deactivated for noncompliance, which will prevent any import or export activity. If you have already applied for and acquired your IEC from DGFT, it is necessary to know how to examine and access your IEC details on the DGFT website. In this step-by-step guide, we will lead you through the process of viewing your IEC on the DGFT site. Visit the DGFT website and login to the portal with valid credentials. Proceed with Link IEC process by clicking on “Link IEC” button on dashboard or from Menu “My Dashboard -> Importer Exporter Code (IEC) ->Link your profile to IEC”. The Directorate General of Foreign Trade (DGFT) of India issues a specialised digital signature known as the DGFT Digital Signature Certificate. This accreditation is very important for online transactions involving international trade. It validates and authenticates a range of online actions, such as submitting returns and licenses on the DGFT website. The maximum level of security and trust is provided by DGFT Digital Signature certifications, which are categorised as Class III certifications.