https://www.taxtmi.com/circulars?id=59752 ICES will automatically calculate and record late presentation charges as fines where Bills of Entry are not filed by the next working day after the goods' determined arrival; arrival is determined by entry inward for sea cargo, aircraft arrival for air cargo and vehicle arrival for ICDs, with ICD custodians notifying container arrival via ICEGATE. These charges, alterable by specified officers in the system, apply to arrivals on or after 31 March 2017. ICES also computes interest from defined relevant dates: same day for self-assessed BEs and one day after return for re-assessed or provisional BEs; similar rules apply to deferred payments. en-us Wed, 05 Apr 2017 00:00:00 +0530 Tue, 19 Feb 2019 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59752 ICES will automatically calculate and record late presentation charges as fines where Bills of Entry are not filed by the next working day after the goods' determined arrival; arrival is determined by entry inward for sea cargo, aircraft arrival for air cargo and vehicle arrival for ICDs, with ICD custodians notifying container arrival via ICEGATE. These charges, alterable by specified officers in the system, apply to arrivals on or after 31 March 2017. ICES also computes interest from defined relevant dates: same day for self-assessed BEs and one day after return for re-assessed or provisional BEs; similar rules apply to deferred payments. Circulars Customs Wed, 05 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59752