Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Modification in IGM filing with regard to IGM filing and Partial modification of the procedure for movement of Containerised Import Cargo from the Port/ Terminal to CFS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... GM, CFS Movement, Empty Container Movement, Bond Debit/ Re-credit and Empty container Bond. The requirement and proposed modifications are detailed below for the smooth functioning of container movement in ICES. 3. IGM Message Transmission: At present, the IGM Messages are being sent by Customs to the Custodians, i.e Chennai Port Trust and CCTL as soon as the IGM is submitted by the Steamer Agents/ Shipping lines in the ICES System. It is observed that IGM, although incomplete, is filed and a IGM No. is obtained by the Steamer Agents/ Shipping lines well in advance and amendments are being filed regularly even after the arrival of the vessel. Whenever there is an amendment, the ICES System sends the amendment IGM messages to the Custodians. Thus the IGM messages sent to custodian are substantially incomplete. Henceforth, the IGM messages shall be transmitted to the Custodians only after the "entry inwards" is granted for the Vessel. 4. Amendment of IGM after Entry Inwards: Currently in ICES System, the IGM is amended in 2 situations: a. When there is any change in the cargo or container parameters (like amendment, deletion, supplement). b. When Consol manifest i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d) nature of cargo only. Once auto approval is granted, the Terminal Operator M/s. CCTL will receive the messages in Message No.CHSA126 regarding grant of permission for movement of containers to each CFS. 6. Amendment of CFS Movement Approval: The proposed CFS Movement Approval Module has provision to amend any Movement Request parameter before approval is granted. After the auto approval is given by the System, amendments, if any, are permitted by the Superintendent (CMFC) only in the following cases: * En Block Movement to a different CFS: For instance, there is a time limit of 72 hours for cargo-clearance at the CCTL Terminal. Containers earmarked for a CFS but not cleared within this time are moved en block to a different CFS at the discretion of the Terminal operator. * Change of Destination CFS: Similar to the En block movement as described above, here the Shipping Agent/ MLO/ Importer/ CHA is requesting the amendment. * Cancellation of CFS Movement Request: This requirement arises in case the party wants Direct Delivery from the Port/ TO itself and wants to cancel the approval already granted for movement to a CFS. * Any change in the cargo/ container paramete .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... O) (2) 3rd Party Bond: Given by destination CFS/ Custodians. In case of 3rd Party Bond, necessary one-time authority has to be given by the CFS to the applicant (MLO) . 8. The Bond value is calculated on the basis of the size of the container. The Bond amount of for 20 feet container and of for 40 feet container would be calculated by the System, which is picked up with reference to the ISO codes declared in the IGM. The option to calculate the Bond amount on the basis of invoice value of cargo will not be available under this procedure as the invoice value is not available in the IGM. The bond amount will be debited in ICES System for movement of containers to CFSs. In order to avail this facility, MLOs and Custodians are required to register their Bonds in ICES Bond Module at CMFC and obtain the TR/GB Bond No. Auto approval will not take place, if the Bond registration No. is not mentioned in the IGM. 9. Re-crediting of Bonds: The re-credit facility (wherever transit Bond is applicable) is integrated in the Gate Module. After movement approval is given in the System and when the containers pass through the Custodian (Port/ Terminal) gate, the Preventive Officer, Containe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... perator i.e., CCTL. Further, the CFS Gate Module at the exit gate of the Port/ Terminal shall also track these containers. The Bond value debited for Empty container will be re-credited to the bond once the container is re-exported and the proof for same is submitted by MLO to the CMFC. 12. Empty Container Bond: It has been decided that ICES will incorporate the processing of Empty Container Bond for all imported containers through Chennai Seaport. It may be noted that processing for this Container Bond is a prerequisite for other processing linked to the time of grant of entry inwards i.e., unless this bond is debited, approvals like Transhipment approvals: approvals for movement to CFSs and regularization of prior Bill of Entries will not take places The following are the salient features of this bond: a. Shipping Lines/ Steamer Agents should furnish a bond for all imported containers - which would be in force till they are re- exported. The Containers must be re-exported within a period of 6 months and for further extension permission has to be obtained separately. b. A new type of bond exclusively for this purpose would be introduced. This bond would be called Contain .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates