ICEGATE issued advisory for importers to avail benefit of IGCR Rules

The ICEGATE, CBIC has issued Advisory No. 06/2022 dated March 01, 2022 for importers to avail benefit of (Import of Goods at Concessional Rate of duty) Rules, 2017 (“IGCR Rules, 2017”).

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:

1. Available post log in on ICEGATE for importers in their existing account, registered with valid DSC.
2. Provision of declaration of advance intimation of Import of Goods at concessional rate of duty.
3. Generation of a unique IIN for a Financial Year with facility to amend as and when required.
4. A continuity Bond of IGCR Bond Type is created or amended by the Importer.
5. Bond Management Module
6. Multiple Details are auto populated in the monthly statement.
7. Interface of details entered by the user provided to the jurisdictional Customs officer

This advisory is a complete step-by-step guide for the user to declare an advance intimation of goods to be imported, access continuity bond management module, file monthly return statements.

The Complete Advisory can be accessed at - https://www.icegate.gov.in/Download/IGCR_Advisory_v0.3_280222.pdf