No Refund Claim with Central Refund Cell for Project Imports, Group itself to Process Application

The following Public Notice was issued by the Commissioner of Customs (Import) Jawaharlal Nehru Custom House on 8th September 2010.

[Customs Public Notice No. 88 dated 8th September 2010]

Sub: Refund of Cash Security Deposit paid for registration of contract under Project Import Regulations , 1986.

Attention of all Importers, Custom House Agents, Members of Trade and all concerned with the Project Imports at JNCH, is invited to the present practice of sanctioning refund of Security Deposit from Central Refund Cell – I on finalization of project import.

2. At present after finalization of Project Import and cancellation of Bond; importers are filing refund claims with CRC-I, in proforma `Part A’ alongwith requisite documents related to project import. After scrutiny of requisite documents, the Order-in-Original is passed sanctioning the refund of Security Deposit after pre-auditing wherever warranted. Thereafter, the Refund Order is prepared after defacing the concerned documents and file is forwarded to CAO, JNCH for final disbursement of the sanctioned amount of security deposit through RTGS Account.

3. To further streamline the procedure and for trade facilitation, the matter has been reviewed and it has been decided that, henceforth, no refund claim is required to be filed with CRC-I and the entire process of refund of security deposit shall be processed by the concerned Project Import group (i.e. Gr.VI) itself. The Group shall pass a Sanctioning Order after pre-audit, wherever warranted, and then send the Refund Order to the CAO after defacing the security deposit challan. The CAO, thereafter, shall prepare the cheque and forward to the Bank for further transfer of the same to the party’s RTGS Account.

4. The above procedure is brought into effect immediately.

F.NO.S/26-MISC-74/2009 GR.VI