https://www.taxtmi.com/circulars?id=63196 A new ICES 1.5 module mandates electronic finalization of provisionally assessed Bills of Entry: Assessing Officers forward BEs to Group AC/DCs who finalize using role-specific access. If finalization raises duty, the system issues a challan with duty and interest, payment is made via ICEGATE e-payment or bank branch and integrated into ICES 1.5, after which bond credit/closure is obtained. If duty is unchanged or reduced, bond credit/closure follows directly and refunds proceed under existing procedures. Finally assessed BE copies (Customs and Importer) are generated after duty integration and bond actions. en-us Tue, 22 Jul 2014 00:00:00 +0530 Fri, 22 Nov 2019 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63196 A new ICES 1.5 module mandates electronic finalization of provisionally assessed Bills of Entry: Assessing Officers forward BEs to Group AC/DCs who finalize using role-specific access. If finalization raises duty, the system issues a challan with duty and interest, payment is made via ICEGATE e-payment or bank branch and integrated into ICES 1.5, after which bond credit/closure is obtained. If duty is unchanged or reduced, bond credit/closure follows directly and refunds proceed under existing procedures. Finally assessed BE copies (Customs and Importer) are generated after duty integration and bond actions. Circulars Customs Tue, 22 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63196