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Introduction of Project Import Module in ICES -Advisory

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..... of all Importers, Exporters and Members of the Trade is invited to Project Import Regulations 1936 and instructions issued by CBIC from time to time on the subject. 2 Registration of Project Contracts for availing benefit of PIR 86 was being done manually till date though the assessments are being done in ICES. The process of issuing release advices to other ports, bond debits and finalization .....

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..... dure of each process is as follows: REGISTRATION Project Registration functionality has been developed on the lines of license registration. The registration has to be done in the LIC role under License Registration. The same form as available at the time of registering licenses will be used for generating project number in the System. Following points may be kept in mind while registering a p .....

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..... r would be generated by the System with the first two digits as 99. This can be treated as the Project number, for further quoting the same in the Bills of Entry. BOND REGISTRATION: For the purposes of Project imports, a new category of bonds with the code PI have been created. This bond is a national provisional bond, and can be used for imports at any port under a project. The bond registrat .....

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..... s. For imports at ports other than the port of registration, online TRA can be issued in the System at the port of registration. A detailed advisory on the filing of import declarations including necessary information for the benefit of trade will follow. FINALIZATION OF PROJECT: The finalization of all the BES under a project and re-crediting of the bond can be done using the already existing .....

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