Ministry of Finance TheDollarBusiness

Re-crediting Bond value in online running bond at destination Air Cargo Complex.

Dated 22nd April, 2016 | Copy of | Instruction

Attention is invited to the implementation of module for transshipment of Cargo from Air Cargo location to ICDs/other Air Cargo Customs Stations which has been made available in Indian Customs EDI System (ICES) 1.5.

2. Representations have been received in the Board regarding problems faced in the debit and recredit of bond value for transshipped Cargo.

3 It has been brought to the notice that while moving bonded truck from one Air cargo complex to another air cargo complex, the bond value of the cargo is debited from the online running bond. However, upon completion of transshipment, there is delay in re-crediting the amount at the destination air cargo complex.

4. All Chief Commissioners may ensure that the re-crediting of bond is done without any delay at destination Air Cargo Complexes.

(B. Konthoujam)
Under Secretary (Cus.III)


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The Dollar Business Bureau - Apr 23, 2016 12:00 IST