TMI BlogIntegration of Extra Duty Deposit module in ICES- Regd.X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 PUBLIC NOTICE 57/2015 Subject : Integration of Extra Duty Deposit module in ICES- Regd. 1. In the cases where the importer and the supplier are related in terms of the Rule 2(2) of Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 , the SVB of the jurisdictional Custom House issues Circular mandating the importer to pay the Extra Duty Deposit (EDD) of ei ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot. 4. The Appraiser has been provided with an option in his role in the ICES 1.5. to generate a separate challan for EDD on invoice basis and he has to select 1% or 5% of the assessable value as the rate based on the circular issued by SVB of the jurisdictional Custom House. 5. After the relevant entries are made and duly saved by the Appraiser of the concerned group, the Challan for EDD wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rocedure shall be implemented with immediate effect and from now onwards manual payment of the EDD shall not accepted and therefore the trade is requested to kindly take note of the same. 10. If any problem is noticed on the above procedure the same may be addressed to the System Manager, JNCH, for necessary action. Sd/-23.07.2015 (SEEMA JERE BISHT) COMMISSIONER OF CUSTOMS (NS-1), ..... X X X X Extracts X X X X X X X X Extracts X X X X
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