The Directorate General of Foreign Trade (DGFT) on Thursday issued a trade notice relating to the launch of a new digital platform on July 13 the first phase of which will cater to the services related to the issuance of Import Export Code (IEC), modification, amendment processes along with a Chatbot, which is a virtual assistant.
The main objective of this platform is to help traders electronically file their application related to IEC, various export schemes such as advance authorization and Export Promotion Capital Goods (EPCG), monitoring the status of the application, and raising queries among other services related to the Foreign Trade policy.
“Other online modules relating to Advance Authorisation, EPCG, and Exports Obligation Discharge which are part of the next phase will be rolled out subsequently after the first phase stabilizes,” DGFT said in a trade notice.
The Trade notice clarified that the Digital Signature (DSC)/Aadhaar based e-Sign will be required for applying and modifying IEC or adding or updating the IEC-linked users. Users may take necessary actions for procuring/updating their information etc. on the DSC/Aadhaar.
“the purposes of go-live of the first phase and the required systems configurations, the IEC applications and modification process would be suspended from 3:00 pm on 10.07.2020 till 13.07.2020. Stakeholders are requested to plan in advance about the IEC services,” the trade notice informed.
The users will be able to monitor the status of their applications and the pending obligations thereof. These numerous features should significantly benefit the trade community.Subscribe Taxscan AdFree to view the Judgment