ICEGATE released Advisory for Importers to take Benefit of IGCR Rules

ICEGATE released Advisory for Importers to take Benefit of IGCR Rules

ICEGATE released Advisory for Importers to take Benefit of IGCR Rules The ICEGATE (Customs National Trade Portal) , CBIC has issued advisory for impo…

authorReetudateMar 2, 2022
Last update on Mar 2, 2022

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ICEGATE released Advisory for Importers to take Benefit of IGCR Rules The ICEGATE(Customs National Trade Portal), CBIC has issued advisory for importers to avail benefit of (Import of Goods at Concessional Rate of duty) Rules, 2017 vide Advisory No. 06/2022 dated 1st March,2022.

The Advisory is Given Below:

IGCR module is developed by ICEGATE, CBIC to provide a digital service to importers to avail benefits under the IGCR Rules (Import of Goods at Concessional Rate of Duty). The broad provisions are as under: i. Available post log in on ICEGATE for importers in their existing account, registered with valid DSC. ii. Provision of declaration of advance intimation of Import of Goods at concessional rate of duty. iii. Generation of a unique IIN for a Financial Year with facility to amend as and when required. iv. A continuity Bond of IGCR Bond Type is created or amended by the Importer. v. Bond Management Module vi. Multiple Details are auto populated in the monthly statement. vii. Interface of details entered by the user provided to the jurisdictional Customs officer 2. This advisory provides a comprehensive step-by-step approach for users to declare an advance intimation of items to be imported, access the continuity bond management module, and file monthly return statements. To Read Complete Step-By-Step Guide Download PDF Given Below:

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Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
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