Summary: The procedure for registering an Export Oriented Unit (EOU) under the Import of Goods at Concessional Rate of Duty (IGCR) has been streamlined through automation, making it more efficient and compliant. The process begins with the user logging into the ICEGATE portal and navigating to the IGCR section under Financial Services. The user must submit a Prior Intimation Request form with detailed information, followed by OTP verification. Upon validation, an Importer Identification Number (IIN) is generated. The user can then manage bond or bank guarantee details, either by submitting a new bond or topping up an existing one. After submitting the application, the user must provide the required physical documents to the Export Promotion Council (EPC). Once these documents are verified, the Commissioner grants approval. This automated procedure ensures a smoother process for EOUs, enhancing compliance and facilitating the import of goods at concessional duty rates.
Steps to Apply for IGCR (Import of Goods at Concessional Rate of Duty) under EOU Registration (Automation Process)
To facilitate the Import of Goods at Concessional Rate of Duty (IGCR) under the Export Oriented Unit (EOU) registration, the customs department has streamlined the procedure through automation. This process is outlined in Circular No. 11/2014-Customs, which provides a detailed roadmap for both EOUs and customs authorities to ensure compliance and efficiency. Below are the professional steps to apply for IGCR under EOU registration:
Step:01. The User logs in ICEGATE portal with valid ICEGATE login credentials
Once login Click on Financial Services -> select IGCR
Step: 02. Once Click on IGCR User can access the IGCR module, user can select prior Intimation on the home screen.
Step:03. Prior Intimation Request form with 8 tabs is displayed to the user fill the required details.
Step:04. Once the user clicks on “Generate OTP and submit”, a confirmation will be asked from the user as described below.
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Step: 05. Once enter the OTP User will click on “Verify and submit”
Step: 06. After OTP validation is completed, IIN will be generated by the system and shown to the user as below.
Step: 07. User can select Bond/BG Details on the home screen of the module to submit a request for a continuity bond or top up the existing continuity bond or view balance of the bond or provide BG details
Step: 08. User can select the following options.
Step: 09. EOU user can select Fresh without BG% then fill required details below.
Step: 10. Once submit the application user will get below status then physical documents submit to concerned EPC department.
Step: 11. Once EPC department verify the supporting documents submitted by the applicant, The Commissioner will approve the application.
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