Customs - Integration of Extra Duty Deposit module in ICES
THE Jawaharlal Nehru Custom House informs that payment of Extra Duty Deposit is integrated with ICES and now manual payment will not be allowed.
In the cases where the importer and the supplier are related in terms of the Rule 2(2) of Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, the SVB of the jurisdictional Custom House issues Circular mandating the importer to pay the Extra Duty Deposit (EDD) of either 1% or 5% as per Para 9 of the Board's Circular 11/2001-Cus. dt. 23.02.2001.
Hitherto the EDD was paid manually by the importer or Customs Broker through Bank Challans and thereby increasing the time taken for clearance of the goods and subsequent storing of these Challans for a long time till finalization of the provisional assessments and sanction of refund if any. The verification of these Challans consumes lot of time at the time of finalization of the provisional assessments and sanction of refund if any.
Now with a view to cut down these delays and costs, the EDD payment is made online through e-payment.
The Customs Brokers or importers are required to approach the Appraising Officer of the group to which the Bill of Entry belongs, whether facilitated by RMS or not.
After the relevant entries are made and duly saved by the Appraiser of the concerned group, the Challan for EDD will be generated in ICES 1.5 and particulars of EDD are forwarded to Bank for e-payment.
From now onwards, manual payment of the EDD shall not accepted.
JN Custom House Public Notice No. ., Dated July 23 2015.