https://www.taxtmi.com/circulars?id=56304 Finalisation of Provisionally Assessed Bills of Entry in ICES 1.5 requires importers/brokers to obtain finalisation from the Assessing Officer who forwards the BE to Group AC/DC; specific system roles handle these steps. If finalisation increases duty, the system issues a challan with calculated duty and interest, sends the duty message to banks via ICEGATE for e-payment, and upon payment integration allows bond credit/closure. If duty is unchanged or reduced, bond credit/closure may follow directly and refund procedures remain unchanged. Finally assessed BE copies are generated in Customs and Importer sets. en-us Wed, 02 Mar 2016 00:00:00 +0530 Thu, 12 Oct 2017 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56304 Finalisation of Provisionally Assessed Bills of Entry in ICES 1.5 requires importers/brokers to obtain finalisation from the Assessing Officer who forwards the BE to Group AC/DC; specific system roles handle these steps. If finalisation increases duty, the system issues a challan with calculated duty and interest, sends the duty message to banks via ICEGATE for e-payment, and upon payment integration allows bond credit/closure. If duty is unchanged or reduced, bond credit/closure may follow directly and refund procedures remain unchanged. Finally assessed BE copies are generated in Customs and Importer sets. Circulars Customs Wed, 02 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56304