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ICES Advisory on Budget 2021 related changes in EDI System - Customs - PUBLIC NOTICE No. 05/2021

Extract

..... t. 2. Union Budget 2021-22 announced on 1st February, 2021 has introduced some key changes on the Customs front. Changes in the duty structure and introduction of new levies have come into effect from 02-02-2021. All the notifications on rate changes have been duly updated in ICES and System has been restored for Bill of Entry filing on 03.02.2021.The application of newly introduced levy in System is detailed under to ensure correct filing of BEs. 3. Agriculture Infrastructure and Development Ce .....

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ICES Advisory on Budget 2021 related changes in EDI System - Customs

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..... ustoms duty under section 14 of the Customs Act, 1962. (4) The Agriculture Infrastructure and Development Cess on imported goods shall be in addition to any other duties of customs chargeable on such goods, under the Customs Act, 1962 or any other law for the time being in force.” c) Similarly, Clause 116 levies AIDC as a duty of excise on excisable goods mentioned in the Seventh Schedule to the Finance Bill. In sub-clause (3), it is clarified that: “(3) The cess leviable under sub-s .....

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ICES Advisory on Budget 2021 related changes in EDI System - Customs

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..... ver applicable. f) While filing Bills of Entry through service centre or online through ICEGATE, following declarations will have to be made in the BE_DUTY table of the bill of entry to claim the above Exemption Notifications with following flags: Flags for Customs AIDC Notification: NOTN TYPE as ‘C’ and Additional Duty Flag as ‘A’ Flags for Excise AIDC Notification: NOTN TYPE as ‘E’ and Additional Duty Flag as ‘A’ Necessary changes have also been .....

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ICES Advisory on Budget 2021 related changes in EDI System - Customs

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..... he relevant goods and the calculation of duty by the EDI system may also be verified manually for the first few days. Any discrepancy found may immediately be brought to the notice of Directorate General of Systems (ICES), by email to team.ices@icegate.gov.in. 5. This Public Notice is being issued so that the officers and trade are aware of the above changes and declarations are filed correctly. 6. Difficulty, if any, faced in implementation of this public notice may be brought to the notice of .....

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