Introduction of 'Project Imports module' in ICES -regarding

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....of 'Project Imports module' in ICES -regarding. Attention of all stakeholders, Importers, Exporters and General Trade is drawn to the ICES Advisory 13/2019 dated 29.05.2019 on the introduction of Project Imports module in ICES issued by The Directorate of Systems, CBIC, New Delhi. Project Imports registration as per the Project Imports Regulations, 1986 was being done manually till now.....

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....gistering licenses will be used for generating project number in the System. Following points may be kept in mind while registering a project: a) Scheme code to be used is PI, Notification will be null. b) All items of import 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. ....

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....tion For the purposes of Project Imports, a new category of bonds with the code PI have been created. This bond is a national provisional bond, and can be used for imports at any port 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. If a Bank....

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....orts other than the port of registration, online TRA can be issued in the System at the port of registration. A detailed 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 BES under a project and re-crediting of the bond can be done using the already existing op....