what we do

We have specialization to provide advisory services on complex statutory Compliance and policy-related matters under areas of Logistics (Import & Export), Taxation (GST & Customs), Foreign Trade & Investment (DGFT), Food Safety (FSSAI), Weights & Measures (Legal Metrology), Wireless & Telecommunication Products (WPC) and Chartered Engineering services. Optimize your Supply chain as 4PL Company through our 3PL partners. Refund of duty/ credit/interest at Customs, GST and DGFT Appellate Service related to Customs, GST and Legal Metrology. Licenses and IEC from DGFT.

Wednesday, February 01, 2017

Mandatory filing of B/E and duty and interest

Mandatory to file the bill of entry before the end of the next day
Sub-section (3) of section 46 is being substituted so as to make it mandatory to file the
bill of entry before the end of the next day following the day (excluding holidays) on
which the vessel or aircraft or vehicle carrying the goods arrives at a customs station
at which such goods are to be cleared for home consumption or warehousing and to
provide for imposition of such charges for late presentation of the bill of entry as may
be prescribed.

Payment of duty and interest thereon
Sub-section (2) of section 47 is being amended so as to provide the manner of 
payment of duty and interest thereon in the case of self-assessed bills of entry or, as
the case may be, assessed, reassessed or provisionally assessed bills of entry.

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