Penalty of SIMS (Steel Import Monitoring System)
X X X X Extracts X X X X
X X X X Extracts X X X X
....enalty of SIMS (Steel Import Monitoring System)<br> Query (Issue) Started By: - JIGNESH SITAPARA Dated:- 5-8-2025 Last Reply Date:- 3-9-2025 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>Dear Expe....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rts, My container will be arrival as on 10th August 2025. But as on today I had no apply of SIMS certificate. Now, how much penalty in this issue ? Reply By YAGAY andSUN: The Reply: Your cont....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ainer arrived on 10th August 2025, but as of 3rd September 2025, you have not applied for the SIMS (Steel Import Monitoring System) certificate. This is a clear non-compliance. As per recent policy (....
X X X X Extracts X X X X
X X X X Extracts X X X X
....effective from 5 August 2025), the SIMS application must be filed 2-5 days before the arrival of the consignment, depending on the country of origin. You missed this deadline completely. In similar p....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ast cases, such as Cummins India Ltd, customs imposed a penalty of Rs. 50,000 and a redemption fine of ?1,00,000 for late submission of the SIMS certificate. You are likely to face a similar penalty.....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Additionally, customs may delay clearance, and demurrage charges could apply. Theres also a risk to your IEC code if non-compliance continues. Apply for the SIMS certificate immediately, even if lat....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e. Consult your CHA (Customs House Agent) for next steps and be prepared to respond to a show-cause notice from customs.<br> Discussion Forum - Knowledge Sharing ....
TaxTMI