Finalization of Provisionally Assessed Bills of Entry: ICES module mandates e-payment integration for differential duty and bond closure. Finalisation of Provisionally Assessed Bills of Entry in ICES 1.5 requires importers/brokers to obtain finalisation from the Assessing Officer who forwards the BE to Group AC/DC; specific system roles handle these steps. If finalisation increases duty, the system issues a challan with calculated duty and interest, sends the duty message to banks via ICEGATE for e-payment, and upon payment integration allows bond credit/closure. If duty is unchanged or reduced, bond credit/closure may follow directly and refund procedures remain unchanged. Finally assessed BE copies are generated in Customs and Importer sets.
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.
Finalization of Provisionally Assessed Bills of Entry: ICES module mandates e-payment integration for differential duty and bond closure.
Finalisation of Provisionally Assessed Bills of Entry in ICES 1.5 requires importers/brokers to obtain finalisation from the Assessing Officer who forwards the BE to Group AC/DC; specific system roles handle these steps. If finalisation increases duty, the system issues a challan with calculated duty and interest, sends the duty message to banks via ICEGATE for e-payment, and upon payment integration allows bond credit/closure. If duty is unchanged or reduced, bond credit/closure may follow directly and refund procedures remain unchanged. Finally assessed BE copies are generated in Customs and Importer sets.
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