Registration of Contract for assessment Under CTH-98.01 and registration of Project Import Bond

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..... 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 r .....

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..... GISTRATION : 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 .....

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..... e 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. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Ma .....

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