TaxTMI 
TaxTMI 
Introduction of Project Import Module in ICES -Advisory
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....Module in ICES -Advisory - Reg. Kind attention of all Importers, Exporters and Members of the Trade is invited to Project Import Regulations 1936 and instructions issued by CBIC from time to time on the subject. 2 Registration of Project Contracts for availing benefit of PIR 86 was being done manually till date though the assessments are being done in ICES. The process of issuing release adv....
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....Finalization of the Provisional BES and re-crediting of the Bond The procedure of each process is as follows: REGISTRATION Project Registration functionality has been developed on the lines of license registration. The registration has to be done in the LIC role under License Registration. The same form as available at the time of registering licenses will be used for generating project numb....
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.... registration is complete in LIC role and then approved in APR role (under License Management), a 10-digit number license number would be generated by the System with the first two digits as 99. This can be treated as the Project number, for further quoting the same in the Bills of Entry. BOND REGISTRATION: For the purposes of Project imports, a new category of bonds with the code PI have be....
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....The project ledger will also be maintained the same way as the license ledger in the System with both item quantity and value debits. For imports at ports 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. FINALIZATI....