Introduction of Project Import Module in ICES -Advisory

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... roduction of Project Import Module in ICES -Advisory - Reg. Kind attention 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 bei .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ls. Item wise debits in the project/bond for every BE 4. Finalization of the Provisional BES and re-crediting of the Bond The procedure 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... bond category of PI can be given during registration. h) Value (CIF) in foreign currency (FC) is mandatory. once the registration is complete in LIC role and then approved in APR role (under License Management), a 10-digit number license number 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ct registration along with the project number in the license table. The bond details will reflect similarly at the time of assessment and with the corresponding debit value. The project ledger will also be maintained the same way as the license ledger in the System with both item quantity and value debits. For imports at ports other than the port of registration, online TRA can be issued in the Sy .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uoting the project number. The changes related to filing of project bills of entry will also be introduced shortly with a detailed advisory on the same. 3. This is based on ICES Advisory No. 13/2019 dated 29.052019 issued by the Directorate of Systems, CBIC. Difficulties faced, if any in implementation of the PI Module may be brought to the notice of the Dy. Commissioner of Customs (Gr.V .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X