Simplification of Procedure of filing of Industrial Entrepreneur Memorandum

Mar 20, 2019 | by Avantis RegTech Legal Research Team


The Department of Promotion of Industrial and Internal Trade (DIPP), Ministry of Commerce & Industries has modified the process of filling of Industrial Entrepreneur Memorandum (IEM) under Notification No. S.O.477(E), dated July 25, 1991.

The procedures for filling IEM are as follows:

•With respect to the new projects for manufacturing of articles not covered under compulsory licensing or their substantial expansion, the only requirement will be to file a memorandum in the form prescribed in the Annexure.

•The memorandum should be filed online on the website of the Department that is https://services.dipp.gov.in/lms/iemServices.

•The memorandum should be filed within 120 days of the commencement of commercial production.

DIPP should expeditiously acknowledge the receipt of the memorandum and should not refuse to acknowledge in case filed after 120 days.

•In accordance with the above changes effected as a measure to improve ease of doing business, the extant requirement of filing IEMS is at two stages (IEM Part A- Intent and IEM Part B- Implementation) stands dispensed with for all business not requiring an industrial license. As a traditional measure, extant EMI Part B will be accepted in lieu of memorandum as annexed for a period of three months.


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