BUDGET RELATED CHANGES IN ICES- ICES ADVISORY

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..... CHANGES IN ICES- ICES ADVISORY- reg. It is brought to the notice of all the Importers, Exporters, Customs Brokers and all Trade Formations that Union Budget 2020-21 announced on 1st Feb 2020 has introduced some key changes on the customs front. Changes in the duty structure and introduction of new levies has come into effect from 02.02.2020. All the notifications on rate changes have been update .....

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..... will be automatically calculated in the system. (IV) For BE Submissions, Relevant Changes have been made in the Service centre module. While Filing using RES software, following declarations will have to be made in the SBE Duty Tag of the Bill of Entry to claim the above exemption notifications: Notification Type as "C" and AD Flag as "+" (V) Necessary changes have also .....

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