Registration of Contract for assessment Under CTH-98.01 and registration of Project Import Bond - Customs - TRADE NOTICE No. 02/2019

OFFICE OF THE COMMISSIONER OF CUSTOMS (IMPORT-1) CONTRACT CELL, 9 TH FLOOR, NEW CUSTOM HOUSE, BALLARD ESTATE, MUMBAI-400 001 F. No. S/26-Misc-61/2018-9-CC Date: 18.06.2019 TRADE NOTICE No. 02/2019 SUB : Registration of Contract for assessment Under CTH-98.01 and registration of Project Import Bond-reg. Attention of importers, Customs Brokers and all other concerned stake holders is invited regarding newly introduced module for Project Import Registration through ICES replacing the manual practice of manual registration of project contract and process of finalization. Attention is also invited to ICES advisory 13/2019 dated 29.05.2019 issued by Directorate of Systems, New Delhi on this issue. To act upon the said advisory following steps are hereby introduced to the trade for an efficient and smooth clearance under Project Import through ICES module. (i) Registration of a project and generation of a Project Number. (ii) BOND registration for Project Imports. (iii) Filing of provisional Bs/E with project number and bond details. Item wise debits in the project / bond for every B/E. (iv) Finalization of the provisional Bs/E and re-crediting of the BOND. (1) REGISTRATION : Project registration functionality has been developed on the lines of license registration. The registration has to be done in the LIC Role under License Registration. The same form as available at the time of registering licenses will be used for generating project number in the system. Following points are to be covered while registration of a project. a) Scheme code to be used as PI, notification will be null. b) All items of imports have to be entered with quantity and value; no items of export. c) Default validity has been kept as 84 months, but the same is amendable. d) The limitation factor would be B both value and quantity. e) Sponsoring authority s certificate details can be entered in Receipt No. and date fields. f) Issued by will be the code of the sponsoring authority (list of values in F7). g) Bond details are mandatory. Only the bonds registered under the new bond category of PI can be given during registration. h) Value (CIF) in foreign currency is mandatory. Once the registration is completed in LIC role and then approved in APR role (under license management), a 10 digit number i.e. license number would be generated by the system with the first two digit as 99. This can be treated as the Project Number, for further quoting the same in the Bill of Entry. 2. BOND REGISTRATION : For this purpose, a new category of bonds with the code as PI have been created. This BOND is a national provisional bond, and can be used for imports at any ports under a Project. The bond registration is similar to any other bond in the roles of REB and ACB. Only when a PI bond is registered a project can be registered quoting the same in registration form. 3. FILING OF IMPORT DECLARATION : Once a project (License) number is generated, the same can be used to file import declarations similar to how declarations with EP licenses are filed. The Bs/E will have to be filed with PI as the scheme code and the serial numbers of the items of import will also have to be quoted as per the project registration alongwith the Project number in the license table. The bond details will reflect similarly at the time of assessment and with the corresponding debit value. The project ledger will also be maintained the same way as the license ledger in the system with both item quantity and value debits. For imports at ports other than the port of registration, online TRA can be issued in the system at the port of registration. A detailed advisory on the filing of import declarations including necessary information for the benefit of trade will follow. 4. FINALIZATION OF PROJECT : The finalization of all the Bs/E under a project and re-crediting of the bond can be done using the already existing options in the FAO and FDC roles. Project registration and bond registration have been operationalized in ICES. All the live projects currently and hereafter shall be compulsorily registered in the system as detailed in Para 1 and 2 above. This exercise is being started immediately as, once the changes indicated in Para 3 above are implemented for BE filing and processing, no BE of project imports will be allowed to be filed without quoting the project number. The changes related to filing of project bills of entry will also be introduced shortly with a detailed advisory on the same. 5. In view of above all the importers, Customs Brokers and all stake holders are suggested to get their live projects registered in the Contract Cell. NCH, Mumbai and the same procedures be followed for all future registration and finalization. 6. All the concerned field officers are hereby directed to comply the direction contained in this Trade Notice and check project registration number generated online before clearance of any consignments as well as before issuance of Release advice for clearance at other ports. Difficulty faced, if any, while registering may be emailed to [email protected] and to [email protected] /[email protected] Sd/- (PRACHI SAROOP) COMMISSIONER OF CUSTOMS (IMP-1) NEW CUSTOM HOUSE, MUMBAI.