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of <h1>Importers Must File Bill of Entry; Simplified Customs Process for Transit Goods; IEC Required with Some Exemptions</h1> Goods imported into the country are subject to Customs duty and must meet legal requirements unless they are in transit or meant for transshipment. For such goods, a simplified procedure without duty payment is followed. Importers can clear goods for home consumption after paying duties or opt for warehousing. Filing a Bill of Entry is mandatory, and electronic filing through the EDI system is encouraged. An Importer-Export Code (IEC) is required for import/export activities, with some exemptions. The CBIC's Faceless Assessment allows remote verification of Bills of Entry, streamlining the clearance process.
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