Bill of Entry
(BoE) data is received in IDPMS from
·
Customs Department for EDI ports,
·
NSDL for SEZ every day and
·
AD Category – I bank for non-EDI ports
It has now been
decided to discontinue submission of hardcopy of BoE, with effect from December
01, 2016.
The revised
procedures are as below:
AD
Category – I bank will enter BoE details and download the BoE message data from
IDPMS. Thereafter, match and settle the BoE data with Outward Remittance
Message (ORM) as per the message format “BOE Settlement” in IDPMS. Multiple
ORMs can be settled against single BoE and also multiple BoE(s) can be settled
against one ORM.
In case of
imports on ‘Delivery against Acceptance’ basis, AD Category – I bank shall
verify the evidence of import from IDPMS at the time of remittance.
On settlement of
ORM with import, bank shall issue an acknowledgement slip to the importer
containing the following details:
·
importer's full name and address with
code number ;
·
number and date of BoE and the amount of
import; and
·
a recap advice on number and amount of
BoE and ORM not settled.
The importer
needs to preserve the printed ‘Importer copy’ of BoE and acknowledgement slip
for future use.
The extant
instructions and guidelines for Evidence of Import in Lieu of Bill of Entry
will apply mutatis mutandis. The evidence of import will be created and
uploaded by AD Category – I bank of the importer in the form of BoE data as per
message format “Manual BOE reporting” in IDPMS.
Follow-up for
Evidence of Import : AD Category – I banks shall continue
to follow up for outward remittance made for import. In case evidence of import
data is not available in IDPMS on due dates against the ORM, AD Category – I
bank shall follow up with the importer for submission of documentary evidence
of import. Similarly, if BoE data is not settled against ORM within the
prescribed period AD Category – I banks shall follow up with the importer in
terms of extant instructions.
Verification and
Preservation: Internal inspectors and IS auditors should carry
out verification and IS audit and assurance of the “BOE Settlement” process in
IDPMS. Data and process followed by AD Category –I bank for “BOE Settlement”
should be preserved as per prevailing guidelines. However, in respect of cases
which are under investigation by investigating agencies, the data, process and
documents may be destroyed only after obtaining clearance from the
investigating agency concerned.
Based on
the RBI notification dated 12/01/2016. For any further clarification, please
refer www.rbi.org.in ……………….Poppy
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