Concessional customs duty procedure requires IIN and bond details in the Bill of Entry, with automatic bond debit on clearance. Importers claiming concessional duty notification benefits must mention the IIN and continuity bond particulars in the Bill of Entry. The customs officer ... Summary
Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022
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Concessional customs duty procedure requires IIN and bond details in the Bill of Entry, with automatic bond debit on clearance.
Importers claiming concessional duty notification benefits must mention the IIN and continuity bond particulars in the Bill of Entry. The customs officer at the import station allows the notification benefit, and on clearance for home consumption the bond is automatically debited in the customs automated system, with details made electronically available to the jurisdictional Customs Officer.
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