The commerce ministry has said services of the Directorate General of Foreign Trade (DGFT) Import-Exporter Code (IEC) will be affected due to non-availability of PAN Validation Services from June 1 to June 6.
The government on Wednesday said that services of the Directorate General of Foreign Trade such as application for a new importer-exporter code (IEC), modification applications and one-time linking of Aadhaar for e-sign purposes will not be available from June 1-6 due to non-availability of PAN Validation Services.
“In reference to the Press release by Central Board of Direct Taxes on “Launch of new e-filing Portal of the Income Tax Department – Non-availability of e-filing services from June 1-6, 2021”, it is informed that some DGFT services wherein CBDT PAN validation services are being consumed in the DGFT IT systems will get impacted during this period,” DGFT said in a statement.
The services include application for a new IEC, application for amendments/modification in an IEC, and one-time linking of Aadhaar for e-sign purposes.
DGFT said that in case of any queries/ issues, exporters, importers and other members of trade may contact DGFT Helpdesk at 1800- 111-550 from 9:00 am to 6:00 pm Monday to Saturday.
Functions and responsibilities of DGFT:
I. DGFT entrusted with the responsibility of implementing various policies regarding trade for example, Foreign Trade Policy.
II. DGFT is the licensing authority for exporters, importers, and export and import business.
III. DGFT can prohibit, restrict and regulate exports and imports.
IV. DGFT has important role to issue Notifications, Public notices, Circulars, etc.
V. DGFT grant 10 digit IEC (Importer Exporter Code), which is a primary requirement to Import Export
VI. DGFT introduces different schemes from time to time regarding trade benefits throughout the country.
VII. DGFT has introduced ITC (HS CODE) schedule-1 for import items in India and Schedule-2 for Export items from India.
