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Registration of Contract for assessment Under CTH-98.01 and registration of Project Import Bond
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....ADE NOTICE No. 02/2019 SUB : Registration of Contract 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 finaliza....
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....e under License Registration. The same form as available at the time of registering licenses 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) Def....
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....g the same in the Bill of Entry. 2. BOND REGISTRATION : For this purpose, a new category of bonds with the code as PI have been created. This BOND 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 i....
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.... advisory on the filing of import declarations including necessary information for the benefit of trade will follow. 4. FINALIZATION OF PROJECT : The 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 projec....