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 is a complete step-by-step guide for the user to declare an advance intimation of goods to be imported, access the continuity bond management module, file monthly return statements.
Disclaimer: This article is only a knowledge-sharing initiative and is based on the Relevant Provisions as applicable and as per the information existing at the time of the preparation. In no event, RMPS & Co. or the Author or any other persons be liable for any direct and indirect result from this Article or any inadvertent omission of the provisions, update, etc if any.
Published on: March 3, 2022