Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News
Highlights
D. Forum
What's New
Sub-Menu

Share:      

        Home        
 
News
Home News News and Press Release Month 3 2021 2021 (3) This
← Previous Next →
 

Steel Import Monitoring System

March 10, 2021
  • Contents

Steel Import Monitoring System (SIMS), an online platform for advance registration of intended imports of steel, was launched by the Government vide Notification dated 05.09.2019. The intended steel importers have to submit advance information in online system to obtain Registration Number through an online web-portal 15-60 days before the actual date of import.

The validity of Registration Number is for a period of 75 days which is obtained through online SIMS Registration web-portal. No other document apart from SIMS Registration Number and its expiry date is required to be declared mandatorily in the Bill of Entry(with respect to SIMS), to enable clearance of consignments from customs.

SIMS, besides bringing in transparency, has helped the Ministry of Steel and the industry in identifying the exact steel grades being imported into the country in a timely manner.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Hardeep Singh Puri, in a written reply in the Lok Sabha today.

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||