Interim interest collection automated in EDI, with supplementary challans for short payments and in system finalization of provisional assessments. The ICES 1.5 EDI update adds three operative facilities: electronic generation and capture of interim interest for warehoused goods (SUX role) with adjustment at final Ex Bond; a system option to generate supplementary challans for interest short payments without re assessment (APR role); and in system finalization of provisional assessments by FAO and approval by FDC, with differential duty challans generated from ICLK and bond re crediting by ACL, and PCA selection only after finalisation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interim interest collection automated in EDI, with supplementary challans for short payments and in system finalization of provisional assessments.
The ICES 1.5 EDI update adds three operative facilities: electronic generation and capture of interim interest for warehoused goods (SUX role) with adjustment at final Ex Bond; a system option to generate supplementary challans for interest short payments without re assessment (APR role); and in system finalization of provisional assessments by FAO and approval by FDC, with differential duty challans generated from ICLK and bond re crediting by ACL, and PCA selection only after finalisation.
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