Abolition of Group 7 reallocates scheme filings to regular assessment groups and mandates PFMS validation for drawback payments. Abolition of Assessment Group 7 in ICES requires scheme/licence Bills of Entry to be allocated to existing assessment groups by highest assessable item classification and processed under the First-in First-out rule; pending BEs filed on or before 07.05.2018 remain in the former group. Exports measures: e-payment via ICEGATE is enabled for export duty/cess and PFMS bank account validation is mandatory for drawback payments, with payments withheld if PFMS validation fails, moving drawback disbursements toward full electronic processing.
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Provisions expressly mentioned in the judgment/order text.
Abolition of Group 7 reallocates scheme filings to regular assessment groups and mandates PFMS validation for drawback payments.
Abolition of Assessment Group 7 in ICES requires scheme/licence Bills of Entry to be allocated to existing assessment groups by highest assessable item classification and processed under the First-in First-out rule; pending BEs filed on or before 07.05.2018 remain in the former group. Exports measures: e-payment via ICEGATE is enabled for export duty/cess and PFMS bank account validation is mandatory for drawback payments, with payments withheld if PFMS validation fails, moving drawback disbursements toward full electronic processing.
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