DGFT Authorized 53 Banks for online e-IEC Payment

By | November 16, 2015
(Last Updated On: November 16, 2015)

Government of India

Ministry of Commerce & Industry

Department of Commerce

Directorate General of Foreign Trade

Udyog Bhawan, New Delhi

Dated 09. 07. 2015

Trade Notice No. 07/2015


1. All IEC Holders

2. All EPCs / All Chambers of Trade and Industries


4. All RA’s of DGFT

Subject: Operationalisation of online payments through debit / credit cards.

In keeping with the Digital India vision of Hon’ble Prime Minister, and taking yet another crucial step towards paperless, online functioning in 24×7 environment, Directorate General of Foreign Trade has launched the facility of online payment of application fees through Credit/Debit cards and electronic fund transfer from 53 Banks (List annexed).

2. As a measure of Trade Facilitation and Ease of Doing Business, DGFT has already operationalised the facility of Online filing of various applications by the exporters/importers under the Foreign Trade Policy (2015-20). Early this year, DGFT also operationalised the facility of online submission of applications for issue of online Importer Exporter Code in digital format or e-IEC for exporters/importers. Now with the online payment facility being available from 53 banks, as well as through Credit and Debit cards, it would be possible to not only apply online for e-IEC and benefits under various schemes under Foreign Trade Policy but also make online payment of required application fee.

3. The charges applicable for using internet banking, debit/credit cards will be as follows:

Transaction Processing Charges 

Visa / Master Card Credit card transaction: 1.45% of payment amount per transaction.

Visa / Master Card/Rupay Debit Card transactions:

For transactions upto Rs.2000/- : 0.75% of payment amount per transaction.

For transactions above Rs.2000/- : 1.00% of payment amount per transaction.

Net Banking Transactions:

For transaction upto Rs.10,000/- -: Nil

For transaction above Rs.10,000/- -:Rs. 14/- per transaction / across all banks

Service tax would be extra

(S.P. Roy)

Joint Director General of Foreign Trade

Email: shyama.roy@nic.in

Issued from F.No.01/02/150/AM-13/EDI/PC-2[B]

Annexure for list of 53 Banks

Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
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tax deduction at source
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