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DGFT and Iec Epcs and Rcmc-And Their Role in Export Promotion
DGFT and Iec Epcs and Rcmc-And Their Role in Export Promotion
DGFT and Iec Epcs and Rcmc-And Their Role in Export Promotion
S.P.ROY
INDIAN INSTITUTE OF FOREIGN TRADE
• Validity of IEC: An IEC allotted is permanently valid, unless suspended or cancelled by DGFT. It
covers all divisions / units / factories of the applicant.
• Surrender of IEC: If an IEC holder does not wish to operate allotted IEC, he may surrender it to
the RA.
• Modification in IEC: Modifications in IECs / e-IEC’s can be online, by paying online fee of Rs
200/- & uploading documents substantiating the changes sought, besides uploading a signed
copy of the application.
• Modification application has to be signed by Proprietor or Managing/Designated Partner or
Director /Company Secretary in case of companies or Chief Executive/ Managing Trustee / Karta
before uploading the application.
• Application for modification may be made for change in name, address, constitution, ownership
in Proprietorship firms, change in nature of the firm e.g. from proprietorship to partnership etc.
• Request for (i) Cancellation of existing numeric IEC and (ii) PAN change in existing numeric IECs
has to be made to the concerned jurisdictional Regional Authority.
INDIAN INSTITUTE OF FOREIGN TRADE
Functions of EPCs-i
• Information hub: inform & interpret export policies and export assistance
schemes of Govt. to the exporter.
• Offering guidance to member on various matters like utilization of GSP,
export finance, insurance of goods and joint ventures aboard.
• Assistance Provider to exporters in export promotional activities such as
external publicity, participation in fairs & exhibitions.
• Collector of information & data from exporters & informing Govt. of the
difficulties/problems faced by exporters/ manufacturers.
• Sending trade delegations & study teams to other countries for promoting
export of new/specific products and diversifying to new products/markets.
• Circulating reports of new products & new markets to its members.
• Creating consciousness amongst exporters through seminars, discussions
about new rules/regulations about specific products.
INDIAN INSTITUTE OF FOREIGN TRADE
Functions of EPCs-ii
• Promoting exclusive exhibitions & trade fairs of specific products
• Opening offices abroad to help exporters in consolidating e existing exports and diversifying to
new products.
• Co-operation with EIC on quality control and pre shipment inspection of export goods.
• Settling disputes amongst members or /and other bodies through peaceful negotiations.
• Concessions: To assist members in getting freight and other concessions for shipping conferences.
• Issuing certificate of origin to exporters certifying the origin of goods and helping them with
R.o.O .
• EPCs have diversified and ventured into areas like infrastructure development, skill development,
international collaboration, design development, domestic market development, etc., to name a few
for expanding trade
• EPCs are also actively coordinating with the government for better implementation of its flagship
programmes like Make in India, Skill India, Digital India, etc.
INDIAN INSTITUTE OF FOREIGN TRADE
EPC
• Basic Chemicals, Pharmaceuticals and Cosmetics Export • Cotton Textile Export Promotion Council
Promotion Council
• Export Promotion Council for Handicrafts
• Chemicals and Allied Products Export Promotion Council
• Handloom Export Promotion Council
• Council for Leather Exports Promotion
• The Indian Silk Export Promotion Council
• Sports Goods Export Promotion Council
• Synthetic & Rayon Textile Export Promotion
• Gem and Jewellery Export Promotion Council Council
• Shellac Export Promotion Council • Wool & Woolens Export Promotion Council
EPC
• P. C. Nambiar, Chairman, Export Promotion Council for EOUs and SEZs (EPCES)
INDIAN INSTITUTE OF FOREIGN TRADE