If your Import Export Code (IEC) is suspended, it means your ability to import or export goods has been temporarily halted. Here’s what you should do:
- Check the Suspension Reason:
Log into the DGFT portal and check the reason for the suspension. It could be due to non-updation of KYC, invalid documents, or policy violations.
- Update IEC Details (If Required):
Often, suspension happens because of failure to update IEC within the prescribed period. Go to the DGFT portal and update your IEC using the ‘Modify IEC’ option.
- Submit Required Documents:
If documents are missing or incorrect, resubmit valid documents as specified. Common documents include PAN, Aadhaar, and address proof.
- Comply with DGFT Instructions:
Follow any notices or instructions issued by the Directorate General of Foreign Trade (DGFT). If an explanation or clarification is requested, respond promptly.
- Raise a Grievance (If Needed):
If your IEC was suspended in error or you’re facing technical issues, raise a grievance through the DGFT Helpdesk.
- Wait for Reactivation:
After compliance, your IEC will typically be reactivated in a few working days. You can check the status online.
Act quickly, as a suspended IEC halts all trade activities and can lead to penalties or delays. Regularly update and verify your IEC details to avoid future suspensions.
Learn more about IEC Renewal at https://www.jparks.co/services/iec-renewal/