Importer identification and valuation fields updated in Bill of Entry forms, adding BIN, government/private status, MRP and abatement columns. The regulations amend Forms I-III of the Bill of Entry (Forms) Regulations to require both Importer Code and BIN and to state whether the importer is government or private; expand the goods description field to include class wise details and EXIM Scheme Code; insert columns for MRP per unit and amount of abatement after column 12; and revise valuation column headings to align with valuation provisions interacting with sub section (2) of Section 4A of the Central Excise Act, 1944.
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Importer identification and valuation fields updated in Bill of Entry forms, adding BIN, government/private status, MRP and abatement columns.
The regulations amend Forms I-III of the Bill of Entry (Forms) Regulations to require both Importer Code and BIN and to state whether the importer is government or private; expand the goods description field to include class wise details and EXIM Scheme Code; insert columns for MRP per unit and amount of abatement after column 12; and revise valuation column headings to align with valuation provisions interacting with sub section (2) of Section 4A of the Central Excise Act, 1944.
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