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TMI BlogPhased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.2023- reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... ovides enabling provision whereby the importer, exporter or any person liable to pay duty, fees etc., under the Customs Act, has to make a non-interestbearing deposit with the Government for the purpose of payment. The Customs (Electronic Cash Ledger) Regulations, 2022 (ECLR) notified vide No. 20/2022-Customs (N.T) dt. 30.03.2022 govern the manner of operationalization of ECL and related aspects. The statutory provision came into force on 01.06.2022. 2. Pending development of IT infrastructure and necessary integration with authorized banks, RBI and Pr.CCA (CBIC), all the deposits classes were exempted till 31.03.2023, vide notification no. 47/2022-Customs (NT) dt. 31.05.2022, as amended, from provisions of section 51A. Considering the p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h TR-6 challan for various purposes through authorized bank counter at the Customs locations would be exempted from the provisions of section 51A, till such activity is also migrated to the ECL in the subsequent phases. 4. The phased introduction of ECL is aimed at leveraging technology and reforming the payment process, inter-alia related to clearance of goods as the deposit may be held in ECL by the Trade for making subsequent transaction-wise payments of various types. This has potential to easing compliance in numerous ways. (a) Making deposits before goods arrival allows certainty in quick discharge duty 24 x 7 for clearance (b) Reducing instances of payment rejections (c) Reducing instances of double duty payment as rejected payme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... posit to ECL : 7. The manner of maintaining ECL and modes of deposits into the ECL have been outlined under Regulation 3 of ECLR. A deposit challan may be generated at said portal for a sum chosen by the person, and deposit made in ECL using the authorised payment modes. The amount deposited shall be visible on the ECL maintained on the said portal. Payment of liabilities using ECL: 8.1 The manner of utilising ECL to make the payments is outlined in Regulation 4 of ECLR. The payment using the deposit available in ECL may be made by selecting the payment challan generated at ICES/ECCS or other application, with ECL as a mode of payment. 8.2 A functionality to make payment without first depositing into ECL is also provided, that al ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ibed in Regulation 5 of ECLR. The Systems advisory for ECL balance refund is being made available on ICEGATE. 10.2 The balance in ECL being deposit, its refund is not governed by section 27 of Customs Act. Sensitization: 11. The significance of introduction of ECL must be explained to importers/exporters and all types of stakeholders. As segments of e-payment shall get migrated in phases to ECL, the existing ICEGATE payment system hitherto in use would not run in parallel. The deposits into ECL, being non-interest-bearing, are suited for purposes of planned impending or immediate payment needs, thereby also minimising the need for applying for refunds. Their attention should also be drawn to ECLR, notifications and DG Systems im ..... X X X X Extracts X X X X X X X X Extracts X X X X
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