It was mandated by DGFT that all IEC holders have to ensure that details in their IEC are updated electronically every year during the April-June period (for which no user charges were to be borne by the IEC holder). All IECs which have not been updated after 01.07.2021 shall be de-activated with effect from 01.02.2022.
For more details please refer to the update bulletin for January 2022 along with the Monthly compliance calendar for February 2022.
