Self-assessment - Bill of Entry (Electronic Declaration) Regulations, 2011 - Notified
THE CBEC has notified the Bill of Entry (Electronic Declaration) Regulations, 2011, in supersession of the Bill of Entry (Electronic Declaration) Regulations, 1995, in tune with the new self-assessment procedure. The new procedure is like this:
++ Enter the electronic declaration in the Indian Customs Electronic Data Interchange System by himself through ICEGATE or by way of data entry through the service centre.
++ The bill of entry shall be deemed to have been filed and self-assessment of duty completed when, after entry of the electronic declaration in the Indian Customs Electronic Data Interchange System, a bill of entry number is generated by the System for the said declaration.
++ After the completion of assessment, present the original bill of entry (customs copy) and duty-paid challan and supporting import documents to the proper officer of customs for making an order permitting clearance, after examination of the imported goods if so required.
++ After making an order, the proper officer will generate duplicate bill of entry (importer's copy) and the triplicate bill of entry (exchange control copy).
++ The original bill of entry (customs copy) along with supporting import documents will be retained by the proper officer of customs and after suitable endorsements, the duplicate bill of entry (importer's copy) and the triplicate bills of entry (exchange control copy) will be handed over to the importer.
Notification No. , Dated: November 25, 2011