Maximum time available for exporters after filing S/B

[Kishan Barai]

As per FTP

1.29 Prior filing facility for Shipping Bills

To facilitate processing of shipping bills before actual shipment, prior online filing facility for shipping bills has been provided by the Customs - 7 days for air shipments & ICDs and 14 days for shipments by sea.

Suppose If I file S/B on 24/5/16 then what max amount of time I have for exports ?

& what penalty, do I need to pay if I don't export ??

Thanks in Advance

AI Summary

Shipping bill validity requires refiling after expiry; advance filing permitted for bill of entry to accommodate delayed cargo.
Prior online filing for shipping bills is permitted to enable pre-shipment processing, but the operative validity period of a shipping bill in the EDI system is fifteen days from filing; after that period the exporter must file a fresh declaration. No routine penalty is generally imposed for non-export within the validity period. For imports, a bill of entry may be filed in advance of arrival to accommodate delayed cargo.