Clarification regarding IEC in case of EOU converts into DTA unit or DTA units converts into EOU

Joint Direct of Foreign Trade has issued a policy circular regarding the status of IEC to clarify that:

In case a 100% EOU, having an IEC Number from the concerned Development Commissioner of a Special Economic Zone, de-bonds and converts into a DTA Unit, the IEC issued to the firm shall be cancelled and archived.  Against the same PAN Number, concerned RA will issue a fresh IEC to the firm.  Subsequent modifications/amendments in the new IEC shall be carried out by the concerned RA

Policy Circular no. 26 dated 11-8-2008