TaxTMI 
TaxTMI 
Seeks to further amend Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 so as to simplify and automate the procedures.
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....ortal as referred to in section 154C of the Act; (ac) 'customs automated system' means the Indian Customs Electronic Data Interchange System; (ad) 'date of import' means the date of the order made under section 47 of the Act permitting clearance of such goods;". 3. In the said rules, for rule 4, the following rule shall be substituted, namely: - "4. Importer to give prior information. - (1) The importer shall provide one-time information on the common portal in Form IGCR-1 (Import of Goods at Concessional Rate of Duty) containing the following particulars, namely:- (i) the name and address of the importer and his job worker, if any; (ii) the goods produced or process undertaken at the manufacturing facility of the importer or his job worker, if any, or both; (iii) the nature and description of goods imported used in the manufacture of goods at the premises of the importer or the job worker, if any; (iv) particulars of the exemption notification applicable on such import ; (v) nature of output service rendered utilising the goods imported; and (vi) the intended port(s) of import (2) On accep....
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.... (iv) of goods sent for job work, nature of job work carried out; (v) of goods received after job work; (vi) of goods re-exported, if any, under rule 7; and (vii) remaining in stock, according to Bills of Entry and shall produce the said account as and when required by the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, having jurisdiction over the premises or where the goods imported shall be put to use for manufacture of goods or for rendering output service: Provided that in case of non-receipt or short receipt of goods imported in the relevant premises, the importer shall intimate such non-receipt or short receipt immediately on the common portal in the Form IGCR-2 (Import of Goods at Concessional Rate of Duty). (2) The importer shall submit a monthly statement on the common portal in the Form IGCR-3 (Import of Goods at Concessional Rate of Duty) appended to these rules by the tenth day of the following month.". 6. In the said rules, for rule 6A, the following rules shall be substituted, namely: - "6A. Procedure for allowing imported goods for job work. - (1) The importer shall ma....
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....ceived or to a job worker for carrying out the remaining processes, if any, under the cover of an invoice or an e-way bill.". 7. In the said rules, for rule 7, the following rule shall be substituted, namely: - "7. Re-export or clearance of unutilised or defective goods. - (1) The importer who has availed the benefit of an exemption notification shall use the goods imported in accordance with the conditions specified in the concerned exemption notification within six months from the date of import and with respect to unutilised or defective goods so imported, the importer has an option to either re-export such goods or clear the same for home consumption within the said period. (2) The importer who opts to re-export such goods as specified in sub-rule (1), shall record the details of necessary export documents in the monthly statement: Provided that the value of such goods for re-export shall not be less than the value of the said goods at the time of import. (3) The importer who opts to clear the unutilised or defective goods for home consumption as specified in sub-rule (1), shall pay the duty along with interest on the common portal and the....
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....e date of actual payment of the entire amount of the difference of duty that the importer is liable to pay."; (b) in sub-rule (2), for the words "the Jurisdictional Deputy Commissioner of Customs, or, as the case may be, the Assistant Commissioner of Customs", the words "the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be," shall be substituted. 9. In the said rules, for the Form, the following Forms shall be substituted, namely:- Form IGCR-1 [See rule 4(1)] (Prior information to be provided by the importer) PART-A I. Details of importer S.No Information Details 1 I.E.C No. 2 Name of the importer : 3 Principal address of the importer : 4 GSTIN 5 Port of import II. Goods imported at concessional rate intended to be used at premises of importer or job worker: S.No CTH Description of goods imported to be used (1) (2) (3) III. The exemption benefit availed S.No Notification number Description of goods intended to be manufactured by use of raw materials or....
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....Invoice No Item No Description of goods Specified purpose Quantity of import Date of clearance (1) (2) (3) (4) (5) (6) (7) (8) (9) Contd... Value of goods Duty foregone Quantity received Date of receipt of goods Quantity not received Quantity used for intended purpose BCD Other Customs duties IGST Cess (10) (11) (12) (13) (14) (15) (16) (17) (18) Contd... Goods Re exported (Quantity) Goods cleared on payment of duty (Quantity) Quantity pending in stock Quantity pending in the importer's premises Quantity pending with job worker or other units of the importer (19) (20) (21) (22) III. Job work and unit transfer details BE Number BE Date Port of import Invoice No Item No Quantity sent for Job work Job worker GSTIN Delivery challan/e way bill Date Qua....