Registration of Contract for assessment Under CTH-98.01 and registration of Project Import Bond

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....t for assessment Under CTH-98.01 and registration of Project Import Bond-reg. Attention of importers, Customs Brokers and all other concerned stake holders is invited regarding newly introduced module for Project Import Registration through ICES replacing the manual practice of manual registration of project contract and process of finalization. Attention is also invited to ICES advisory 13/2019 ....

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....ses will be used for generating project number in the system. Following points are to be covered while registration of a project. a) Scheme code to be used as PI, notification will be null. b) All items of imports have to be entered with quantity and value; no items of export. c) Default validity has been kept as 84 months, but the same is amendable. d) The limitation factor would be "B" b....

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.... is a national provisional bond, and can be used for imports at any ports under a Project. The bond registration is similar to any other bond in the roles of REB and ACB. Only when a PI bond is registered a project can be registered quoting the same in registration form. 3. FILING OF IMPORT DECLARATION : Once a project (License) number is generated, the same can be used to file import declaration....

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....finalization of all the Bs/E under a project and re-crediting of the bond can be done using the already existing options in the FAO and FDC roles. Project registration and bond registration have been operationalized in ICES. All the live projects currently and hereafter shall be compulsorily registered in the system as detailed in Para 1 and 2 above. This exercise is being started immediately as,....