Manufacturing and other operations in a Warehouse Regulations: ICES updated to waive interest on Ex Bond home clearances. ICES has been updated to support MOOWR interest waiver for Ex Bond Bills of Entry from Section 65 warehouses by adding an IEC-Warehouse mapping option under the AC (Bonds) role to validate Sec 65 declarations, and by uploading a revised Bill of Entry message format with item level BE ITEM SW CTRL fields (Annexure I). Items properly declared under the new format will not attract interest. A re crediting option for the Warehouse BE ledger on re export via Exports details of WHBE has been added. Changes are effective from 21.09.2020.
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Provisions expressly mentioned in the judgment/order text.
Manufacturing and other operations in a Warehouse Regulations: ICES updated to waive interest on Ex Bond home clearances.
ICES has been updated to support MOOWR interest waiver for Ex Bond Bills of Entry from Section 65 warehouses by adding an IEC-Warehouse mapping option under the AC (Bonds) role to validate Sec 65 declarations, and by uploading a revised Bill of Entry message format with item level BE ITEM SW CTRL fields (Annexure I). Items properly declared under the new format will not attract interest. A re crediting option for the Warehouse BE ledger on re export via Exports details of WHBE has been added. Changes are effective from 21.09.2020.
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