PN No. 08/(RE-00)/1997-2000 Dated 28-4-2000
- Document type
- Circular
- Reference no.
- D
- Dated
- Category
- Public Notices w.e.f 01/04/2000
IEC based on PAN
Attention is invited to Public Notice No. 39(RE-99) dated 16.11.99, Public Notice No. 43 dated 15.12.99, public notice no. 49 dated 27.1.2000 and public notice no. 55 dated 16.3.2000 according to which all IEC holders are required to modify/update the IEC, alongwith PAN Number, issued in their favour. Several representations have been received from the exporters as well as chambers of Commerce and Industry highlighting the problems in obtaining PAN numbers despite extending the last date for updation upto 28th April, 2000.
In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II-Section 3-Sub-section (ii) vide S.O. No. 283 (E) dated 31.3.97, the Director General of Foreign Trade hereby extends the last date for submission of application in Appendix-1A and Appendix-2A for modifying/updating the IEC upto 30th June, 2000. The application is not required to be accompanied by any other document like photograph, fee etc. even in cases where there is change in the status of the IEC holder. The exemption from penalty laid down under paragraph 15.4(b) of the Handbook of Procedure (Vol. 1), 1992-97 shall continue to be applicable to such applicant.
From 1.7.2000, the consignments of imports/exports shall be cleared on the basis of the updated information collected on the basis of such application.
This issues in public interest.
Sd/-
(N. L. Lakhanpal)
Director General of Foreign Trade