Roll out of Project Import Module in ICES

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....& Central Taxes and Customs (Preventive). All Principal Commissioners/ Commissioners of Customs, Customs & Central Taxes and Customs (Preventive) Madam / Sir, Sub: Roll out of Project Import Module in ICES - reg. Project Imports Scheme provides that all the goods imported for the purpose of setting up of Industrial Project or substantial expansion of existing industrial projects be subjected ....

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....rein processes relating to Project Import Module were explained. It is to inform that Project import module shall cover following processes: (a) Registration of a Project and generation of a Project number (b) Bond Registration for Project Imports (c) Filing of provisional BEs with project number and bond details. Item wise debits in the project/bond for every BE (d) Finalization of the Pr....

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....s. f) Iss_By will be the code of the sponsoring authority (list of values in F7). g) Bond details are mandatory. Only the bonds registered under the new bond category of PI can be given during registration. h) Value (CIF in foreign currency (FC) is mandatory. Once the registration is complete in LIC role and then approved in APR role (under license management), a 10-digit number license nu....

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....cheme code and the serial numbers of the items of import will also have to be quoted as per the project registration along with the Project number in the license table. The bond details will reflect similarly at the time of assessment and with the corresponding debit value. The project ledger will also be maintained the same way as the license ledger in the System with both item quantity and value....