CBIC Issues Advisory on System Updates Following Budget 2024-25 Changes



Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has released an advisory regarding system updates necessary after the Union Budget 2024-25 presentation. Following the budget on July 23, 2024, there will be a temporary halt in the filing of Bills of Entry (BE) and Section 48 approvals from 11:00 AM on that day until system changes are updated. While most other ICEGATE services will continue, businesses are advised to plan their customs clearances accordingly.

The Directorate General of Systems and Data Management under the Central Board of Indirect Taxes and Customs (CBIC) has released Advisory No. 12/2024 on July 22, 2024, detailing crucial updates to the system in line with the Budget 2024-25 announcements. This advisory provides a comprehensive overview of the system modifications implemented to reflect the recent budgetary changes and ensure seamless compliance for taxpayers and businesses.

CBIC Advisory: System Updates Post Budget 2024-25

The Union Budget 2024-25 is expected to be presented in the Parliament on 23.07.2024. Consequent to the same, the exercise of updation of Notifications and Tariff Directories in ICES would be undertaken by nominated budget officers from Directory Management sites under the supervision of Directorate General of Systems, New Delhi, after the presentation of Budget 2024-25.

Consequent to the presentation of Budget on 23.07.2024, filing of Bills of Entry (BE) would not be available from 11:00 hours onwards on 23.07.2024 till the completion of updation of all changes in ICES. Section 48 approvals would also be stopped after 11:00 hours on 23.07.2024. Other than filing of BE, all other services at ICEGATE will continue as usual. System will also be available to officers for other functions in ICES.

Since Shipping Bill (SB) filing and assessment will continue as usual, in the event of changes in the Export Duty and Export Cess or other export related levies in the forthcoming Union Budget, it is advised that the respective sites shall keep a track of Let Export Order of the relevant SBs given after 23rd July 2024 till the directory changes are made online. Till such time export duty or cess or any other export levies imposed, consequent to the changes owing to aforesaid Budget, should be collected manually thereon.

Further, while processing of BEs filed before 11:00 hours on 23rd July 2024 will continue as usual, the field formations should keep a track for Prior Bills of Entry filed before on or before 23rd July 2024 for any change of duty liability before giving OOC.

System will be available for filing and processing of documents (BE) only after suitable updation is made in ICES according to the Budgetary changes. This is generally carried out within 48 hours in association with Directory Management sites and NIC if no substantial new levies are notified in the Budget. Importers / Customs Brokers and members of the trade may be suitably advised to schedule clearance of their BEs in view timelines as indicated above.

Official copy of the advisory has also been attached

FAQ :

The advisory details crucial system updates implemented by the CBIC to align with the announcements made in the Union Budget 2024-25, ensuring continued compliance for taxpayers.

The system updates will be undertaken after the presentation of the Union Budget 2024-25 on July 23, 2024.

No, the filing of Bills of Entry (BE) will be unavailable from 11:00 AM on July 23, 2024, until all necessary system changes related to the budget are completed.

Section 48 approvals will also be stopped after 11:00 AM on July 23, 2024. However, other services on ICEGATE will generally continue as usual.

Exporters are advised to track Let Export Orders given after July 23, 2024, and manually collect any changes in export duty, cess, or other levies until the system directories are updated online.

Typically, system updates are completed within 48 hours, provided no substantial new levies are introduced in the budget.




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