Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Customs - Exim - SEZ This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

Maximum time available for exporters after filing S/B, Customs - Exim - SEZ

Issue Id: - 110390
Dated: 24-5-2016
By:- Kishan Barai

Maximum time available for exporters after filing S/B


  • Contents

As per FTP

1.29 Prior filing facility for Shipping Bills

To facilitate processing of shipping bills before actual shipment, prior online filing facility for shipping bills has been provided by the Customs - 7 days for air shipments & ICDs and 14 days for shipments by sea.

Suppose If I file S/B on 24/5/16 then what max amount of time I have for exports ?

& what penalty, do I need to pay if I don't export ??

Thanks in Advance

Posts / Replies

Showing Replies 1 to 4 of 4 Records

Page: 1


1 Dated: 25-5-2016
By:- raghunandhaanan r vi

The validity of the shipping bill in EDI System is fifteen days only. After expiry of fifteen days from the date of filing of shipping bill, the exporter has to file the declaration afresh.

If you file shipping bill on 24/5/16, the shipping bill is valid till 07/06/2016

Generally, there should not be any penalty on exporter


2 Dated: 25-5-2016
By:- Kishan Barai

Thanks a lot sir,

Now what would be the case in case of Import ??

Suppose I filed B/E on a particular date and cargo is delayed for 15 days ??

According to me the time limit for B/E is 30 days, but I am not too sure about it.

Please Enlighten. Thanks sir


3 Dated: 25-5-2016
By:- raghunandhaanan r vi

you can file bill of entry 30 days in advance of arrival of goods. This is known as advance noting.

tks


4 Dated: 25-5-2016
By:- Kishan Barai

Thanks a lot sir.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates