Site icon Juris Hour

CBIC Notifies Implementation Of Automation In Customs

CBIC

cbic

The Central Board Of Indirect Taxes And Customs (CBIC) has notified the implementation of automation in customs.

The Board has received the representations from several EOUs and Export Promotion Council for EOUs and SEZs regarding problems faced by EOUs in registration, generation of IIN details and utilising continuity bonds which may lead to delay in the clearance of the goods.

CBIC while considering the request of stakeholders, decided to implement the Circular No. 11/2024-Customs dated 25.08.2024 in relation to EoUs with effect from 25.09.2024.

As per the CBIC Circular dated 25.08.2024 necessary developments have since been completed on the System to allow clearances to EOUs under IGCR, all EOUs would be required to obtain IGCR Identification Number (IIN) at ICEGATE portal, and also register their IGCR bond for filing a bill of entry with  IGCR  benefit.  Once  this  module  is  activated,  the  same  process  would  be  used  for clearances from SEZ to EOUs, as well.

“It is decided to implement the automation in the IGCRS Rules, 2022, in respect of EOUs with effect from 01.09.2024. Accordingly, all EOUs may obtain IGCR Identification Number (IIN)  at  ICEGATE  portal  by  registering  immediately  as  the  SEZ  Unit  becomes  ICEGATE enabled,” the circular dated 25/08/2024 read.

Circular No. 16 /2024-Customs

Date: 17/09/2024

Read Circular

Exit mobile version