ICEGATE released Advisory for Importers to take Benefit of IGCR Rules

ICEGATE released Advisory for Importers to take Benefit of IGCR Rules

Reetu | Mar 2, 2022 |

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 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:

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
CREDAI urges FM to reconsider 18% GST on FSI GST Council proposes Exemption of Tax on Third-Party Motor Premiums under MVA Fund GSTN Advisory on Entry of Receipt Numbers Pertaining to Leased Wagons in the E-Way Bill System GST hike on Used Cars Sale will shift Transactions to informal channels Bombay High Court directs CBDT to extend the ITR deadline for Select TaxpayersView All Posts