Physical Inspection of Companies Applying for Importer Exporter Code in 10% Cases

The following Trade Notice was issued by the Zonal Jt. DGFT, I.P. Estate, New Delhi on 31st August 2010.

[DGFT Trade Notice No. 05 dated 31st August 2010]

Subject: Physical inspection of units/companies applying for IEC

As per Policy Circular No. 94 dated 16th June 2009, RLAs are to carry out physical verification of firms in following two types of cases:

a) 10% of total IECs issued during a specific period, on random basis.

b) All cases of undelivered IEC.

In case of (a) above, while undertaking the physical verification, the designated inspection team will limit to the following:

i) To ascertain the physical existence of the firm in terms of office space/ factory (as given in the application)

ii) To identify people (Proprietor/Partner/Director/Employee) working at the same address. It may be kept in view that the prescribed documents are submitted to this office while IEC application is made. Hence, no other documents should be insisted upon at the time of inspection.

In case of (b) above, apart from (i) & (ii) above, the inspection team may ask for self attested copy of any one of the following documents: - rent receipt/rent agreement/Telephone Bill/Electricity Bill/Passport.

F. No. Misc.1./AM.11/Trade Notice/CLA