9911796707
TMI BlogRequirement for filing Import General Manifest (IGM) and Bill of Entry should be complied with even in cases, where goods are exempt from payment of any dutyX X X X Extracts X X X X X X X X Extracts X X X X ..... Stake holders and all other concerned is invited to the Board s Circular No. 16/2012 Customs dated 13.06.2012 issued in F.No. 450/79/2010-Cus.IV wherein Central Board of Excise and Customs, has laid down the Procedure followed for import of Indian vessels and filing of Import General Manifest, Bill of Entry. Attention is also invited to the Board s instruction issued vide F.No.450/79/2010-Cus.IV dated 23.09.2010 which state that the requirement for filing Import General Manifest (IGM) and Bill of Entry should be complied with even in cases, where goods are exempt from payment of any duty. The jurisdictional Commissioners were also instructed to review the situation, and take appropriate action for past cases, including adjud ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Act needs to be complied with. Indian Flag Vessel: In terms of the provisions of Part-V of the Merchant Shipping Act, 1958, vessels entering into India for the first time, are required to be registered with specified authority of the Mercantile Marine Department as Indian ship, which can then display the national character of the ship as Indian Flag Vessel for the purpose of Customs and other purposes specified in the said Act. Such Indian ship or vessel may be used for foreign run or exclusively for coastal run/ trade. Further, any ship or vessel may be taken outside India or chartered for coastal trade in India, only after obtaining the requisite licence from the Director General of Shipping, under the provisions of Section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (excluding those which are imported for breaking up) are fully exempt from payment of import duty under vide serial No.461 of notification No.12/2012-Cus. dated 17.03.2012, subject to the condition that the importer should file fresh Bill of Entry at the time of its breaking up of the vessel after its importation. Hence, in these cases the importer has to file an IGM and Bill of Entry, claiming the exemption as may be applicable, at the time of initial import and later file fresh Bill of Entry at the time of breaking up of the vessel as per the condition attached to the aforesaid exemption. In view of the above, it is clarified that in respect of foreign flag vessels, for Indian flag vessels, there is no requirement of filing ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
