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ICES Advisory on BUDGET 2021 RELATED Changes in EDI System - Customs - PUBLIC NOTICE NO. - 14/2021

Extract

..... t 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 has come into effect from 02-02-2021. All the notifications on rate changes have been duly updated in ICES and System will be restored for Bill of Entry filing in due course on 03.02.2021. The application of newly introduced levy in System as detailed below is being publicized among officers and trade in this Zone to ensure correct filing of .....

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ICES Advisory on BUDGET 2021 RELATED Changes in EDI System - Customs

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..... lculated in the same manner as the value of goods is calculated for the purpose of customs 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 Bi .....

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ICES Advisory on BUDGET 2021 RELATED Changes in EDI System - Customs

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..... porter can claim the benefit of relevant Central Excise exemption notification(s), wherever 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: NOT .....

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ICES Advisory on BUDGET 2021 RELATED Changes in EDI System - Customs

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..... ering that the above new levy brings a calculation change in the duty logic, the imposition of AIDC on the 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 and Data Management, CBIC 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 .....

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ICES Advisory on BUDGET 2021 RELATED Changes in EDI System - Customs

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