TaxTMI 
TaxTMI 
Procedure of import or export or procurement from or supply to Domestic Tariff Area of aircraft or aircraft engine by a Unit in International Financial Services Centre
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....ollow the procedure as given below, namely:- (a) the Unit in the International Financial Services Centre shall file Bill of Entry for home consumption in quintuplicate giving therein, description with specially stamped endorsement as "International Financial Services Centre Cargo" along with invoice and packing list with the Authorised Officer who shall register and assign a running annual serial number and assess the Bill of Entry, on the basis of transaction value, which shall not require any counter signature of the Specified Officer; (b) while filing the bill of Entry, the lessor shall indicate port of discharge or customs landing station as the respective customs airport or port or landing station where 2[aircraft or aircraft engin....
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....ort, including the location where the 2[aircraft or aircraft engine] is stored or parked, to the Special Economic Zone Customs Authorised Officer through an e-mail or any other mode authorised under these rules; (e) the receipt of the report from customs officer at the customs airport and verification of the details from the assessed Bill of Entry by the Authorised Officer at the Gujarat International Finance Tec-City Special Economic Zone shall be deemed to be the arrival of such goods to the International Financial Services Centre Unit and completion of the customs procedure for out of charge of the goods; (f) the International Financial Services Centre Unit shall be responsible for ensuring that 2[aircraft or aircraft engine] importe....
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....toms officer of concerned customs airport within twenty-four hours of filing of respective documents by the International Financial Services Centre Unit, through an e-mail or any other authorised mode; (e) customs officials at the respective customs airport shall carry out examination or inspection of marks and numbers of such 2[aircraft or aircraft engine] and forward examination or inspection report, including the location where the 2[aircraft or aircraft engine] is stored or parked, to the Authorised Officer concerned through an email or any other authorised mode; (f) on receipt of the report from customs officer at the customs airport and verification of the details from the document filed as per clause (b) by the Authorised Officer....
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....Centre Unit; (d) after assessment of Bill of Entry for Domestic Tariff Area sale, the importer in India shall make payment of duty as applicable; (e) for examination and inspection of marks and numbers of the 2[aircraft or aircraft engine], the Authorised Officer shall communicate to the appropriate customs officer of the customs airport or port or landing station concerned, as the case may be, within twenty-four hours of filing of respective documents by the International Financial Services Centre Unit, through an e-mail or any other mode authorised under these rules; (f) customs officials at the respective customs airport or port or landing station shall carry out examination or inspection of marks and numbers of such 2[aircraft or ....
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....t the 2[aircraft or aircraft engine] on lease or outright basis; (b) all Shipping Bills and other such documents, as the case may be, prescribed under the Act or the rules made thereunder, shall be submitted by the International Financial Services Centre Unit with Customs; (c) the documents stated in clause (b) shall indicate port of shipment as the respective customs airport or port or landing station where the 2[aircraft or aircraft engine] is already stored or parked by the International Financial Services Centre Unit; (d) for examination and inspection of marks and numbers of the 2[aircraft or aircraft engine], the Authorised Officer shall communicate to the appropriate customs officer of customs airport or port or landing station....