Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Procedural Flaws Invalidate GST Tax Order, Restore...     TaxTMI    GST Registration Cancellation Upheld: Failure to...     TaxTMI    Contractual Delay Penalties Upheld: Liquidated...     TaxTMI    Govt Amends PMLA to Empower Indian Cyber Crime...     TaxTMI    Tax Exemption for Mysore Palace Board Under Section...     TaxTMI    Interim Relief Granted: Tax Notifications...     TaxTMI    Legal Proceedings Against Deceased Person...     TaxTMI    Ex Parte Tax Assessment Invalidated: Procedural...     TaxTMI    GST Appellate Tribunal Procedure Rules 2025...     TaxTMI    Customs Transshipment Regulations Updated: No More...     TaxTMI    Luxury Goods Over 10 Lakh Now Subject to 1% Tax...     TaxTMI    Customs Eases Air Cargo Logistics with New...     TaxTMI    Government Achieves Direct Tax Collection Target,...     TaxTMI    SEBI Revamps REIT Regulations: Stronger Governance,...     TaxTMI    Customs Circular Cuts Red Tape: Free ULD Movement,...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Customs - Highlights / Catch Notes

Home Highlights November 2024 Year 2024 This

The notice outlines the implementation of automation in the ...


Automation of Import Rules for EOUs Starts Sept 2024: Obtain IGCR ID, Register Bonds, File Entries on ICEGATE Portal.

November 18, 2024

Circulars     Customs

The notice outlines the implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 (IGCRS Rules, 2022) for Export Oriented Units (EOUs) effective from 17.09.2024. EOUs must obtain an IGCR Identification Number (IIN) at the ICEGATE portal, register their IGCR bond, and file a bill of entry with IGCR benefits. The submission process involves a prior intimation request, bond registration on ICEGATE, and mandatory declarations in the Bill of Entry, including IIN, Certificate Type "EI", Bond Code "EI", Bond Number, Notification No., and Serial Number. The system will automatically debit the IGCR bond and bank guarantee upon submission. Assistance is available through provided email IDs for any implementation difficulties.

View Source

 

← Previous Next →

 

You may also like:

  1. This circular announces the implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 for Export...

  2. This circular pertains to the implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022,...

  3. This circular addresses the implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 for Export...

  4. BCom clarifies dual benefits under IGCR Rules 2022 and MOOWR scheme. MOOWR units can simultaneously avail IGCR exemption with duty deferment, provided they comply with...

  5. Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 - Amendment in various rules.

  6. The circular addresses the implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022. It permits...

  7. General Bond (Form B-17) to be executed by the EOUs

  8. The Commissioner of Customs, Chennai II (Import) issued a public notice stating that importers facing difficulties in electronically filing their IGCR-3 monthly...

  9. This circular clarifies the applicability of concessional duty under Import of Goods at Concessional Rate of Duty (IGCR) Rules, 2022 in certain instances. It addresses...

  10. The Commissioner, on the recommendations of the Council, has extended the due date for filing FORM GSTR-3B for the month of October 2024 till 11th December 2024 for...

  11. The DGFT issued Notification No. 12/2024-25, to amend the import policy conditions for yellow peas. This adjustment extends the timeline for free import conditions under...

  12. The Principal Commissioner of Customs clarified that a MOOWR (Manufacture and Other Operations in Warehouse Regulations) unit can avail the concessional duty benefit...

  13. Foreign Exchange Management (Nondebt Instruments) Amendment Rules, 2024 - Various amendments made.

  14. Exemption from IGST and compensation cess to EOUs on imports extended till 31.03.2020

  15. Project import - warehoused goods - contract registered after filing an into bond Bill of Entry but before filing of an ex-bond bills of entry for home consumption -...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Taxpayer Must Correctly Report Export Sales as Zero-Rated, Amend GSTR-...
F: Taxpayers Can Challenge GST Rectification Orders Affecting Original As...
A: GST Appeals: Key Filing Guidelines for Taxpayers Navigating Tribunal P...
A: LLP Corrects Annual Return Filing Errors: Identify, Revise, Submit, an...
A: Comprehensive Guide: Protecting Intellectual Property Rights Through S...
A: Navigating India's Trademark Registration: 7 Essential Steps from Sear...
A: Legal Shield for Regional Products: Geographical Indication Protects U...
A: Inventors Gain Exclusive Rights: Patent Protection Ensures Innovation ...
A: Customs Act Empowers Businesses to Strategically Re-Export Goods with ...
A: Importers and Exporters: Navigate Customs Duty Refunds Under Section 2...
A: Imported Goods Can Stay in Approved Warehouses for Two Years, Subject ...
A: Government Controls Trade Flow: Notified vs. Specified Goods Define Im...
H: Tax Order Quashed: Procedural Flaws Invalidate Original Decision, Mand...
H: GST Recovery Order Invalidated Due to Violation of Natural Justice Pri...
H: Creditors Cannot Raise New Claims After NCLT Resolution Plan Approval,...
H: Tax Fraud Case: Anticipatory Bail Denied Due to Systematic Invoice Man...
H: Property Dispute Resolution: Income Tax Act Sections 269-UN and 293 Do...
H: Reassessment Notice Invalidated: Statutory Time Limit Breach Renders T...
H: Property Title Clearance Costs Deemed Integral to Asset Transfer Under...
H: Cash Deposits During Demonetization: Systematic Accounting Records Shi...
H: Cash Donation to Charitable Organization Validated Under Section 80G, ...
H: Valuation Method Upheld: DCF Approach Valid, Share Premium Addition Re...
H: Comprehensive Assessment Stands: Revision Petition Dismissed When Orig...
H: Securitisation Trust Wins Tax Dispute: Excess Interest Spread Payment ...
H: Wind Turbine Generator Compensation Deemed Capital Receipt, Not Taxabl...
H: Tribunal Orders Detailed Verification of Loan and Deposit Investments,...
H: ITAT Strikes Down Tax Reassessment Order Under Section 263 Due to Proc...
F: GST Input Service Distributor Cannot Claim Tax Credit on Internal Good...
A: GST Appellate Tribunal Setup: Comprehensive Framework for Composition,...
A: Navigating 80G(5) Registration: Critical Compliance Steps for Non-Prof...