New User   Login      
Tax Management India .com TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Setting up of ICDs/CFSs

Customs - CBEC s Customs Manual 2015 - 27 - Chapter 27 1. Introduction: 1.1 With the liberalization of the economy, widespread industrialization, enhanced economic growth, development of multi-modal transport system, a need was felt to develop Inland Container Depots (ICDs) or Container Freight Stations (CFSs) that function like a dry port and offer common user Customs clearance facilities at the doorstep of importers and exporters. 1.2 An ICD/CFS may be defined as: A common user facility with p .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e (IMC) under the chairmanship of the Additional Secretary (Infrastructure), Ministry of Commerce comprising representatives of various concerned Ministries/Departments including Department of Revenue considers the proposals for setting up of new ICDs/CFSs at different centres in the country and monitors their progress. 2. Distinction between ICD & CFS: 2.1 An ICD is a self contained Customs station like a port or air cargo unit where filing of Customs manifests, Bills of Entrys, Shipping Bi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

manifest, amendments, etc. 2.2 A CFS is only a Customs area located in the jurisdiction of a Commissioner of Customs exercising control over a specified Customs port, airport, LCS/ICD. A CFS cannot have an independent existence and has to be linked to a Customs station within the jurisdiction of the Commissioner of Customs. It is an extension of a Customs station set up with the main objective of decongesting the ports. In a CFS only a part of the Customs processes mainly the examination of goo .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

are provided at such CFSs for recording the result of examination, etc. In some CFSs, extension Service Centers are available for filing documents, amendments etc. However, the assessment of the documents etc. is carried out centrally. 2.3 An ICD may also have a number of CFSs attached to it within the jurisdiction of the Commissioner of Customs just as in the case of a port. [Refer Circular No.18/2009-Cus., dated 8-6-2009] 2.4 A standalone Customs clearance facility in an inland Commissionerate .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

having jurisdiction over the Customs port with which the CFS would be attached. Further, in a port city such as Chennai or Mumbai, it may be possible to develop an ICD within the territorial jurisdiction of the concerned Customs Commissionerate in addition to existing CFSs. Such an ICD should be capable of providing full-fledged Customs services, independent EDI system, and all procedures meant for transshipment of cargo have to be followed for movement of goods from the port of import to the I .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

nt) Regulations, 1995. On the other hand, movement of goods from a port/airport/LCS or an ICD to a CFS is akin to local movement from a Customs area of the Customs station to another Customs area of the same station, covered by local procedure evolved by the Commissioner of Customs and covered by bonds, bank guarantee, etc. Further, the person undertaking the transshipment would be required to follow the prescribed procedure. 2.6 Goods intended for transshipment from the Customs station of first .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ted only with approval of the Board, after waiver of Sub-Manifest Transshipment Procedure (SMTP). [Refer Circulars No.79/2001-Cus., dated 7-12-2001 and No.46/2005-Cus., dated 24-11-2005] 3. Procedure for approval of ICD/CFS: 3.1 Proposals for setting up ICD/CFS are considered and approved by the IMC on the basis of applications in prescribed form submitted to the Infrastructure Division, Department of Commerce, duly accompanied by requisite copies of feasibility report as mentioned in the guidel .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Commerce takes action to obtain the comments from CBEC and other concerned agencies within 30 days and IMC normally takes six weeks to take a decision. On acceptance of a proposal, a Letter of Intent is issued to the applicant, which will enable it to initiate steps to create infrastructure. 3.4 The applicant is required to set up the infrastructure within one year from the date of approval, but the Department of Commerce may grant an extension of 6 months. Thereafter, IMC may consider a final e .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

tion will be issued. The approval will be subject to cancellation in the event of any abuse or violation of the conditions of approval. 4. Posting of Customs officers on cost recovery basis: [Refer Chapter 28 also] 4.1 For the purpose of Customs clearance at the ICDs/CFSs, Customs staff is provided on cost recovery basis by issue of a sanction order by the Administrative Wing of the Board. The custodians are required to pay @ 185% of total salary of officers actually posted at the ICD/CFS. 4.2 C .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version