Regularization of Bills of Entry and Waiver of Interest in Indian Customs

Electronic Cash Ledger interest waiver enables regularization of manually cleared Bills of Entry after payment integration is completed.

The notice requires stakeholders to identify unpaid challans associated with manually issued Out of Charge Bills of Entry, pay the requisite duty through the Electronic Cash Ledger within prescribed timeframes, and enable system reconciliation so that Bills of Entry are regularized. It provides for waiver and refund of interest paid, conditional on compliance with payment deadlines and successful integration of payments into the customs systems.