In the rapidly evolving world of international trade, ensuring that your business’s records remain up to date is crucial for compliance and smooth operations. For any exporter or importer in Kerala, the Import Export Code (IEC) issued by the Directorate General of Foreign Trade (DGFT) is a mandatory business identifier. However, changes in your business—such as address, ownership, entity type, or contact information—require that your IEC be modified or updated accordingly.
This blog explains the complete procedure for modifying or updating IEC details for businesses based in Kerala. We also highlight how OurTaxPartner.com can help ensure your modifications are processed accurately and promptly.
Why You Might Need to Modify IEC Details
Several scenarios require an IEC holder to update their registration:
- Change in business name or legal entity (e.g., Proprietorship to Partnership)
- Change in business address or branch locations
- Change in director/partner details
- Change in contact number, email ID, or bank details
- Any corrections in previously submitted information
Failure to update IEC records can lead to mismatch issues with customs, GST filings, and banking institutions, resulting in delays or compliance penalties.
Pre-Requisites Before You Begin
Before starting the IEC modification process, ensure the following:
- Valid login credentials for the DGFT portal
- Active Digital Signature Certificate (DSC) or Aadhaar e-sign facility
- Updated business documents (GST certificate, address proof, PAN, etc.)
- Bank account details with IFSC and account proof
If you need help with updating DSC or documentation, click here to get assistance from OurTaxPartner.com.
Step-by-Step Guide to Modify IEC for Kerala-Based Businesses
Step 1: Visit the DGFT Portal
Log in to the official DGFT website at https://www.dgft.gov.in using your registered username and password. If you’re a first-time user, you’ll need to create an account linked to your IEC.
Step 2: Access ‘IEC Profile Management’
Once logged in, navigate to the “Services” tab and click on “IEC Profile Management.” This section will display all your current IEC registration details.
Step 3: Initiate IEC Modification
Click on the option “Update IEC” or “Amend IEC” to begin modifying your existing registration. You’ll be directed to a digital form that allows changes to various fields like business name, address, bank information, contact details, etc.
Step 4: Upload Supporting Documents
Upload scanned copies of relevant documents to support the changes. Some examples include:
- New GST registration certificate (if address has changed)
- Partnership deed or incorporation certificate (for ownership changes)
- Latest utility bills or rent agreement (for address proof)
- New bank certificate or cancelled cheque (for bank account update)
Step 5: Sign and Submit
Once the changes are made and documents uploaded, you must digitally sign the application using a valid DSC or Aadhaar e-sign. After successful submission, an acknowledgement receipt will be generated.
Step 6: Track Status
You can track the status of your IEC modification request under the “My Dashboard” section. Once approved, a revised IEC certificate will be available for download.
For expert guidance, let OurTaxPartner.com handle the update for you.
Common Mistakes to Avoid
- Incorrect document upload: Always ensure documents are legible and match the fields being updated.
- Mismatch in PAN/GSTIN: Keep PAN and GST details consistent across all records.
- Failure to sign digitally: Applications not signed with a valid DSC or Aadhaar e-sign will be rejected.
- Ignoring update timelines: Businesses must update IEC details within 30 days of any change.
Why Timely IEC Updates Are Crucial
Keeping your IEC details updated ensures your export-import transactions are not delayed or denied by customs, shipping agents, or financial institutions. Additionally, exporters seeking government benefits like RoDTEP, Advance Authorization, or EPCG scheme must ensure IEC data matches with GST and bank records.
How OurTaxPartner.com Can Help
OurTaxPartner.com provides complete support for IEC registration, modification, and compliance services for businesses across Kerala. Our experts handle:
- IEC registration for new exporters
- Amendment of business name, address, and ownership
- Linking of IEC with PAN, GST, and bank accounts
- Annual IEC validation and profile updates
Conclusion
IEC modification is not just a compliance step—it is essential for maintaining seamless international trade operations. With the new DGFT portal making it easier to update IEC online, there’s no reason to delay. However, accuracy and document readiness are crucial.
Need help with IEC modification or other export compliance requirements? Click here to connect with OurTaxPartner.com and simplify the process today.
