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TMI BlogOperationalization of Certain Functionalities in ICEGATE and Streamlining of processes in System related to Bonds and First Check BEsX X X X Extracts X X X X X X X X Extracts X X X X ..... above mentioned subject. With the objective of further facilitating trade and streamlining procedures, particularly to overcome the scourge of Covid-19, following initiatives are being implemented in system. Registration of Authorised Dealer Code, Bank Accounts through ICEGATE: 1. Exporters are presently required to register their Authorised Dealer (AD) Code and Bank Account(s) for purposes of remittances and availing export benefits respectively at every Customs station. Even though it is an one-time procedure, it requires physical interaction between the Customs and the trade and submission of physical documents by the latter. Being a manual process, it causes delays impacting exports besides requiring the exporters ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... physical debit of Bonds after the Bill of Entry is returned (to the importer) for the payment of duty. On review, it has been decided to do away with this requirement. Instead, ICES would automatically debit the Bond and reflect the same in the first copy of the Bill of Entry, provided the details of the Bond are provided during submission of the Bill of Entry. As has been re-iterated earlier, trade is encouraged to use a continuity bond to avoid procedures related to repeat submission of Bonds. 3. Streamlining of workflow in case of First Check BE: A. Currently, a first check BE has to be activated by the appraising officer after it comes back from the Shed with the first check examination report. This adds one additional ste ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n ICEGATE: 4.1. Although simplified Registration module for importers/ exporters based on verification provided in associated GSTIN has been provided without the requirement of digital signature, since many importers / exporters have not availed the same, various functionalities available in the ICEGATE portal cannot be accessed by them. These functionalities are useful to the importers / exporters and would help them in their management of imports and exports. Some of these functionalities are Management of Bank Accounts, Ledger View, IGST Refund status, Query Reply etc. Therefore, importers / exporters are advised to register on ICEGATE and conduct their Customs clearances through electronic interface. The simplified registration o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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