Penalty of SIMS (Steel Import Monitoring System)
Dear Experts,
My container will be arrival as on 10th August 2025. But as on today I had no apply of SIMS certificate. Now, how much penalty in this issue ?
Late SIMS filing for container arriving 10 Aug 2025 violates SIMS rule effective 5 Aug 2025; expect penalties and delays Container arrival occurred 10 August 2025 but SIMS application was not filed; policy effective 5 August 2025 requires SIMS filing 2-5 days before arrival based on origin, so this is non-compliance. Likely consequences include monetary penalties (past cases imposed about ?50,000 plus a redemption fine around ?100,000), delayed customs clearance, demurrage charges, and potential risk to the importer's IEC if non-compliance persists. Immediate steps: file the SIMS application late, consult your CHA, and prepare to respond to a possible show-cause notice from customs. (AI Summary)
Customs - Exim - SEZ