Deferred payment of Customs duty - Procedure laid down
VIDE Customs Notification No. & Importers certified under Authorized Economic Operator Programme as AEO (Tier-Two) and AEO (Tier-Three) were permitted to make deferred payment of duty of Customs. These are the Deferred Payment of Import Duty Rules, 2016 effective from yesterday.
The Board has spelt out the operational procedure as below -
+ Every importer certified as AEO-T2/AEO-T3 shall obtain ICEGATE Login which is essential to avail benefits envisaged in the AEO Programme. Every AEO-T2/AEO-T3 is advised to nominate a nodal person borne on their establishment who would be responsible for authenticating all the customs related transactions on behalf of the AEO.
+ It is important for the AEO to exercise due caution in nominating the AEO nodal person to prevent misuse of facility of deferred payment. The contact details of AEO nodal person shall also be provided in ICEGATE login to ensure that the information reaches in time at their registered mail for authentication.
+ An intimation addressed to the AEO Programme Manager with a copy to the Principal Commissioner(s) of Customs or the Commissioner(s) of Customs, as the case may be, having jurisdiction over the port(s) of clearance shall be considered as an intimation by an eligible importer of his intention to avail the said benefit.
+ The eligible importer who intends to make deferred payment shall indicate the same using flag "D" in the Payment Method column of Bill of Entry filed. In order to ensure that the facility of deferred payment is availed only by the eligible importer, option has been provided in ICEGATE Login for AEO Nodal person to acknowledge such intent and authenticate using One Time Password (OTP) sent to his registered e-mail address. The Nodal person would be able to authenticate multiple Bills of Entry at once. Only on such authentication by the eligible AEO importer, customs clearance would be provided for the consignment under deferred payment of duty Rules.
+ The eligible importer also has an option to select the challans belonging to the deferred period and pay at anytime, even before the due date at their convenience.
Please also see 03 11 2016
Circular No ; Dated: November 15, 2016