TMI BlogICES Advisory 13/2019 dated 29.05.2019 and 20/2019 dated 09.09.2019- Introduction of Project Imports Module in ICESX X X X Extracts X X X X X X X X Extracts X X X X ..... 09.09.2019 on the introduction of Project Imports Module in ICES issued by the Directorate General of Systems, New Delhi. 2. As per the ICES Advisory No. 13/2019 dated 29.05.2019, a holistic Project Imports Module has been developed in ICES system replacing the manual process which is currently being in use for Project Imports. The Project Imports Module developed in ICES now is aimed at covering the following processes: A. Registration of a Project and generation of a Project number B. Bond Registration for Project Imports C. Filing of provisional BES with project number and bond details. Item wise debits in the project/bond for every BE D. Finalization of the Provisiona ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... B. 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 registration is similar to any other bond in the roles of REB and ACB. Only when a PI bond is registered can project be registered quoting the same in registration form. C. Filing of import declarations Once a project (license) number is generated, the same can be used to file import declarations similar to how declarations with EP licenses are filed. The BES will have to be filed with PI as the scheme code and the serial numbers of the items of import will also ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s given by the System after project Registration) along with the item S. No., quantity and value will have to be declared in the license table of the BE, similar to how it is declared for imports under licenses issued by DGFT. In the Bond table, the details of the PI bond associated with that project (i.e. the one given at the time of project registration in System) will have to be given. Unless the above details are declared, the Bill of Entry jobs will get rejected. 7. Once the BES are filed successfully with project and bond details, the project license ledger and bond ledger will be automatically maintained by System for each debit. The same will be accessible from the already available menu in the license management and b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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