On January 13, 2024, the Directorate General of Systems and Data Management, under the Central Board of Indirect Taxes & Customs, issued a crucial advisory through ICEGATE. This advisory addresses the Electronic Cash Ledger (ECL 2.0) changes on the ICEGATE platform, emphasizing the shift from https://old.icegate.gov.in/ to https://www.icegate.gov.in/ for Customs Duty payments and other transactions starting January 14, 2024.

Directorate General of Systems and Data Management

CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS

Date: 13th January 2024

Category: Customs
Issued by: ICEGATE

Advisory for Electronic Cash Ledger (ECL 2.0) on ICEGATE

Note: Customs Duty payment and other payments have been enabled on https://www.icegate.gov.in/ and disabled on https://old.icegate.gov.in/ with effect from January 14, 2024. There are the changes in E-payment User Interface only and accordingly this new advisory has been issued for the purpose of giving clear stepwise navigation to users for duty payment and other functionalities on E-payment portal on new website.

1. Introduction

The new CBIC E-Payment platform, a marquee initiative of CBIC (ICEGATE), has been envisaged to enable the functionality for collecting both tax and non-tax receipts for CBIC on behalf of Third-party applications like CBIC GST, SEZ, and ICES or any other third-party application in future through multiple modes of payment i.e. NEFT/ RTGS and Internet Banking and Electronic Cash Ledger. The platform has been designed as best-in-class with real time API based integration between ICEGATE and all stakeholders to provide superior user experience of payment to the Taxpayer and real-time accounting and settlement of government revenues.

2. Overview of Electronic Cash Ledger

  • The e-Cash Ledger module enables user to create a virtual account on ICEGATE website and act as mode of payment to pay custom duties online apart from the current mode of payments which are Internet Banking and NEFT/RTGS.
  • Cash ledger is a type of wallet facility on ICEGATE website to credit funds in the virtual account of the registered trade user and use for custom duty payments.
  • A wallet can be activated by the registered IEC holders and deposits can be made into it through Internet Banking or NEFT/RTGS.
  • To ensure no unauthorized access to Cash Ledger account the service is only available post login and to further enhance the access control mobile and email OTP based mechanism is envisaged in e-Cash Ledger.

3. Authorized user for Electronic Cash Ledger account

S.NO User Type ECL Wallet Functionality
1. IEC Holder Yes
2. CHA Yes
3. Courier Partners Yes
4. Unaccompanied Baggage declaration No
5. Central Excise & Service Tax No
6. SEZ No

4. Activate Electronic Cash Ledger account

Note: Please note that duty can be paid without activating Electronic Cash Ledger. However, to view transactions maintained in Electronic Cash Ledger, users will have to get registered on ICEGATE.

The following steps are required to activate Electronic Cash Ledger account:

a) User will go toicegate.gov.in.

Activate Electronic Cash Ledger account

b) User will click on Login/Sign up button and fill the credentials.

button and fill the credentials

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Telegram

taxguru on telegram GROUP LINK

Download our App

  

More Under Custom Duty

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

February 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
26272829