Abolition of customs Grouping reallocates Bills of Entry and requires electronic export payments plus PFMS validation for Drawback. Abolition of Group VII in ICES reallocates new License/Scheme Bills of Entry to Groups 1-6 based on the classification with the highest assessable value, with pre existing pending Bills remaining in the former group and all Bills following the First in First out rule. Export measures enable e payment of export duty/cess via ICEGATE and mandate PFMS bank account validation for Drawback; Shipping Bills not PFMS accepted will be excluded from the final Drawback scroll, promoting electronic Drawback disbursement.
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.
Abolition of customs Grouping reallocates Bills of Entry and requires electronic export payments plus PFMS validation for Drawback.
Abolition of Group VII in ICES reallocates new License/Scheme Bills of Entry to Groups 1-6 based on the classification with the highest assessable value, with pre existing pending Bills remaining in the former group and all Bills following the First in First out rule. Export measures enable e payment of export duty/cess via ICEGATE and mandate PFMS bank account validation for Drawback; Shipping Bills not PFMS accepted will be excluded from the final Drawback scroll, promoting electronic Drawback disbursement.
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