https://www.taxtmi.com/circulars?id=71048 Importers seeking concessional-duty treatment must provide one-time prior information in Form IGCR-1 through the common portal, obtain an IGCR Identification Number, and maintain a continuity bond. The identification number, bond particulars and exemption details must be declared in the bill of entry, with automatic bond debit on clearance. Routine receipt and job-work intimations are discontinued, but short-receipt reporting, invoice or e-way-bill-based movement records, and monthly reporting remain mandatory. Imported goods must be used for the intended purpose within six months or be re-exported or cleared on payment of differential duty and applicable interest. en-us Wed, 02 Mar 2022 00:00:00 +0530 Mon, 31 Aug 2026 12:23:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71048 Importers seeking concessional-duty treatment must provide one-time prior information in Form IGCR-1 through the common portal, obtain an IGCR Identification Number, and maintain a continuity bond. The identification number, bond particulars and exemption details must be declared in the bill of entry, with automatic bond debit on clearance. Routine receipt and job-work intimations are discontinued, but short-receipt reporting, invoice or e-way-bill-based movement records, and monthly reporting remain mandatory. Imported goods must be used for the intended purpose within six months or be re-exported or cleared on payment of differential duty and applicable interest. Circulars Customs Wed, 02 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71048