- March 31, 2024
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Topic Insight
An import policy has been adopted for Steam Coal appearing in Chapter 27 of ITC (HS), 2017, Schedule − I as given in Annex to DGFT Notification no 17 dated 5th September 2019 has been changed from ‘free’ to ‘free subject to compulsory registration’ under Coal Import Monitoring System (CIMS).
Applicability
- All importers of Steam Coal appearing in Chapter 27 of ITC (HS), 2017.
- Importer can apply for online registration not earlier than 60th day and not later than 15th day before the expected date of arrival of import consignment The automatic Registration Number thus granted shall remain valid for a period of 90 days
- A license is required for each customs entry / each shipment. You may include multiple products on one license as well.
Effective Date of implementation
Facility of on-line Registration will be available with effect from 15th February 2021
Unique Registration Number (URN)
- Coal Import Monitoring System (CIMS) shall require importers to submit advance information in an online system for import of Steam Coal. On submission of online data/information, the system will generate an automatic unique Registration Number. No manual documents are to be submitted to any public authority for this purpose.
- Importer shall have to enter the Registration Number and expiry date of Registration in the Bill of Entry to enable Customs for clearance of consignment.
Application Fee
A registration fee of Rs 1 per thousand subject to a minimum of Rs.500/− and a maximum of Rs 1 Lakh on aggregate CIF value of imports will need to be paid through electronic mode in the online system for each registration number.
Other Information
- On registration, a Unique Registration Number (URN) starting with ‘COA’ will be sent to the IEC holders mobile/email id (as given in IEC database).
- Any change in applicant’s mobile/email id will need to be first amended/updated in DGFT IEC database through the online IEC modification system.
- Importers who fail to register their information/data on notified coal items in advance or are found to furnish incorrect data in the Online CIMS module will attract punitive action including action under FTDR Act, 1992