TMI BlogAdvance Noting of Bill Entry - Procedure AnnouncedX X X X Extracts X X X X X X X X Extracts X X X X ..... 2. The Custom Houses were not clear about the procedure to be followed in case of advance Bill of Entry. The matter was examined in Board in consultation with Commissioners in Conference and representatives of Federation of Freight Forwarders Association, Bombay Custom House Agents Association and Air Cargo Agents Association. Board has decided that the following procedures may be followed in this regard. 3. The importers desirous of a veiling the above facility should submit application along with the advance B/E (five copies) to the Import Department. The 5th copy (additional copy) will be called Advance Noting copy. Alongwith Advance Bill of Entry the importer/ CHA will produce copy of Bill of lading/ AWB and invoice issued by the s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... essment by Group Appraiser, the B/ E shall be audited by the concurrent Audit Section and all other formalities including counter signature by Assistant Commissioner wherever required, will be completed. The Group Appraiser shall also make assessment no the 5th copy of the B/ E which will be forwarded by group to import Department. 7. After delivery of the IGM by the Shipping Agent in the Import Department the B/ E shall again be presented to the Import Department alongwith all documents in original, which were not given with the advance copy of B/ E for entering IGM No., Date of Entry Inwards, Line No. etc. Then the Advance B/ E shall be noted in the IGM by the Import Department, they will also make proper endorsement on the 5th copy of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uch cases the advance noting of B/ E will be allowed on the basis of master Bill of lading of mother vessel. On arrival of feeder vessel. Amended B/ E may be done on the basis of GIM of feeder vessel. Amended B/ E shall contain the name of master vessel as well as feeder vessel. The computer software may be modified suitable to accommodate both the names. 12. Levy of interest on duty amount In terms of Section 47 (2) of the Customs Act, 1962 the importer is liable to pay interest on duty amount in case they fail to pay the import duty within seven days from the date on which B / E is returned to them for payment of duty. In case of B/ E filed under Advance Noting, the interest liability will start on completion of seven days from th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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