TaxTMI 
TaxTMI 
Procedure for clearance of remnant Aviation Turbine Fuel ATF
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....emnant quantity of the unconsumed Aviation Turbine Fuel (ATF) as determined on completion of the international leg of the journey by the aircraft. The duty on remnant ATF needs to be paid through Bill of Entry filed under Section .46 of the Customs Act, 1962 and clearance of the remnant ATF has to be given under Section 47 ibid. 3. The representations received from Airlines regarding the practical difficulties faced in payment of duty on remnant ATF by cash and their request to pay the duty on the ATF by debiting from an advance deposit mode is considered. Further, considering the practical difficulties involved in as much as the Bill of Entry cannot be filed prior to landing of the aircrafts as the quantity of remnant ATF is not known at ....
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....le they should be taken as provided under Rule 10(2) of the Customs valuation (determination of value of Imported goods) Rules, 2007. B. Provisional Assessment of P BE:- The P BE will have to be assessed provisionally on account of the fact that the exact quantity of the remnant ATF is not available at the time of filing of the PBE. The airline is required to execute a Provisional Duty Bond. This Bond can be an individual Bond or a continuity Bond without security/ surety as they are accompanied by an initial advance deposit as determined by the Assistant Commissioner/ Deputy Commissioner of the Airport Admin Section on the basis of the quantum of duty payable on the approximate quantity for a month. The P BE shall be assessed provisional....
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.... same was debited and the Date of Debit. Since the facility of clearance through PBE is being granted against an Advance Duty Deposit, it shall be ensured by the airlines that a minimum balance equivalent to 50% of the initial Advance Duty Deposit is always maintained. If the balance of the Duty Deposit falls below 50% of the initial deposit, the facility could be discontinued and the airlines would be required to file the regular Bill Of Entry and assessed on it before the aircraft takes off for the domestic leg Superintendent (Assessment) shall monitor the b alone e of the advance duty deposit of the concerned airlines and ensure that the same is replenished by the airlines from time to time. C. Determination of Quantity: - After lading ....
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.... Superintendent (Assessment). The Superintendent (Assessment) will finally assess the Bill of Entry and if any extra duty is payable after the said assessment, the same shall be paid in the same manner as mentioned above and the endorsement for the extra duty so paid shall be made on all copies of the Bills of Entry. In the same way if any duty is refundable, the credit for the same may be carried over. After final assessment, the P BE gets converted into a regular Bill of Entry. E. Audit of PBE:- Audit of finally assessed PBE's shall he carried out by the designated officer in the ATF Assessment Group. It must be ensured that all Bills of entry are audited within 3 days of final assessment. All the relevant details shall be entered i....