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Electronic payment methods required for exports with updated Postal Bill of Export forms detailing parcel, invoice and duty information. The amendment replaces the reference to international credit and debit cards with a requirement for various electronic means of payment in accordance with issued guidelines, and substitutes the Postal Bill of Export forms with revised PBE I and PBE II that prescribe exporter and consignee data, parcel and product particulars, payment transaction and postal tracking details, declarations on export promotion rewards and IGST zero rating, assessable value and itemised invoice entries, and fields for duties, cess, IGST, compensation cess and LUT/bond information, together with customs examination endorsement.
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Electronic payment methods required for exports with updated Postal Bill of Export forms detailing parcel, invoice and duty information.
The amendment replaces the reference to international credit and debit cards with a requirement for various electronic means of payment in accordance with issued guidelines, and substitutes the Postal Bill of Export forms with revised PBE I and PBE II that prescribe exporter and consignee data, parcel and product particulars, payment transaction and postal tracking details, declarations on export promotion rewards and IGST zero rating, assessable value and itemised invoice entries, and fields for duties, cess, IGST, compensation cess and LUT/bond information, together with customs examination endorsement.
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