Abolition of Import Appraisement Group VII reallocates bills to groups with FIFO; export duty and drawback move to electronic payment. Abolition of Import Appraisement Group VII removes that group from the electronic customs system; bills filed before discontinuation remain in the former group while new licence/scheme bills are allotted to remaining groups based on classification with the highest assessable value and will follow the FIFO rule. Export measures enable e-payment for export duty via the electronic gateway and mandate PFMS bank account validation for drawback processing, making drawback disbursal contingent on PFMS acceptance.
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Abolition of Import Appraisement Group VII reallocates bills to groups with FIFO; export duty and drawback move to electronic payment.
Abolition of Import Appraisement Group VII removes that group from the electronic customs system; bills filed before discontinuation remain in the former group while new licence/scheme bills are allotted to remaining groups based on classification with the highest assessable value and will follow the FIFO rule. Export measures enable e-payment for export duty via the electronic gateway and mandate PFMS bank account validation for drawback processing, making drawback disbursal contingent on PFMS acceptance.
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