Changes in assessment practice due to the Discontinuation of Assessment Group VII and other Export related developments - Customs - 19/2018

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE OFFICE OF THE COMMISSIONER OF CUSTOMS CUSTOM HOUSE, WILLINGDON ISLAND, COCHIN-682009 F. No. C1/05/2017 TU. Cus. Date: 21.05.2018 Public Notice 19/2018 Sub: Changes in assessment practice due to the Discontinuation of Assessment Group VII and other Export related developments-Reg. Attention of all Importers, Exporters, Custom Brokers, the Trading public and all other stake holders is invited to the changes in assessment practice brought about by the discontinuation of Assessment Group VII, for different Schemes/License, with effect from 08.05.2018, in line with the Board's Letter 450/100/2017 -Cus-IV dated 10.04.2018 and ICES Advisory 18/2018 dated 08.05.2018. 2. Consequently, all imports under different scrips like MEIS, SFIS etc. and under licenses like DEEC, EPCG etc. will be assessed in groups only. All such Bills filed on or after 08.05.2018, shall be allotted to Groups I to VI, as is done in the case of any other Bill, depending on the classification of the item with the highest assessable value. The Bills shall follow the First in-First out rule like the regular Group Bills. Further, it is to mention that the Bills of Entry filed on .or before 07.05.2018 and pending assessment shall be available in the erstwhile Group for processing. 3. Monitoring and maintenance of Bond Files, Registration of Scrips/Licenses, registration of the related Bond/BG and the monitoring of Export Obligation discharge in respect of the Scheme/License Bills of Entry, will continue to be carried out at the erstwhile Group VII Section, irrespective of the Assessment Group under which the Bills are assessed 4. Furthering the commitment to Digital Customs, there have been following developments on the Exports side: (i) E-payment facility has been operationalized for the payment of Export Duty/ Cess. The payment can be made through ICEGATE in the same way as in the case of import duties. (ii) As a step towards making Drawback payment completely electronic through PFMS, Bank account validation by PFMS is now mandatory for Drawback also. Unless the exporter's account is accepted by PFMS, their Shipping Bill shall not be available for the final Drawback scroll. 5. The trade and stakeholders are advised to take cognisance of the above mentioned changes. Difficulties faced, if any, may be brought to the notice of the undersigned. Sd/- (SUMIT KUMAR) Commissioner of Customs