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Phased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.2023 - Customs - 09/2023Extract ..... porter, exporter or any person liable to pay duty, fees etc., under the Customs Act, has to make a non-interest-bearing 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 present state of development and integratio ..... x x x x x Extracts x x x x x Phased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.2023 - Customs x x x x x Extracts x x x x x ..... er 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.1 5. After the introduction of second phase, subsequently the following functionalities shall be developed in ECL2. Registration for availing ECL: 6. Deposits under ECL provision requires the person to be registered at ICEGATE portal and to create ECL Account. In addition to impor ..... x x x x x Extracts x x x x x Phased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.2023 - Customs x x x x x Extracts x x x x x ..... ECL by log into the portal. Modes enabled for deposit into ECL: 9.1 With internet banking as authorised mode, 12 banks 3 are already enabled for deposit into ECL. When other banks complete testing, they shall be onboarded for this purpose. 9.2 NEFT/RTGS mode of deposit into ECL is permissible for all banks. The users of those banks, which are not yet onboarded for internet banking, may also utilize this. However, the NEFT/RTGS facility shall be operational from 3rd April, 2023. Refund of balance in ECL: 10.1 The balance of deposits after utilising for payments may be utilised for subsequent payments. However, if the refund is applied for, the amount applied for will no longer be available for use and refund decided and thereafter credited t ..... x x x x x Extracts x x x x x Phased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.2023 - Customs x x x x x Extracts x x x x x ..... ansaction basis is being provided an option to pay on the portal for the same. Internally the, systems design takes care of routing the payments instantaneously through the ECL before accounting for duty payment (e) NEFT and RTGS modes of payment enabled, in addition to internet banking (f) Enables one-time importers to also make payment. 2 (a) Auto-debit of self-assessed amount from the ECL when liability becomes due (b) payments made on own ascertainment for various purposes such as pre-deposits for filing appeals etc. (c) other sums due for payment by shipping lines, customs brokers etc. (d) payment towards collection of fees, charges etc., including by Participating Government Agencies (PGAs), during import or export. 3 (1) State Bank o ..... x x x x x Extracts x x x x x Phased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.2023 - Customs x x x x x Extracts x x x x x
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