|WeekDay: Tuesday Date/Time : Nov 21, 2017 8:53:30 PM /Paksh Shukla , Tithi at Sun Rise: 3 , Nakshatra: Moola Sun Rise (Delhi): 06:52:35 Sun Set(Delhi): 17:21:14 Ascendant (Delhi): Gemini:026:20 RK: 14:44:04 to 16:02:39|
Key Business Challenge:
The Project Team:
BHEL imports raw material, purchase resold, bought out items, balance of plants and capital items under various schemes governed by the provisions of various rules and regulations of government of India. The imported items are to be registered at ports in the form of DGFT Licences, Project Imports, R&M Certificates, Power Certificates, Excise Certificates etc for assessment by Indian Customs under appropriate modes of assessment for collection of revenue.
The entire process of coordination with Customs, Port Authorities, Shipping Lines , CHAs etc. is taken care by the nearby BHEL offices like ROD Mumbai, Chennai , ROD New Delhi, EDN Bangalore, RC Puram, Hyderabad.
Importing units/divisions arrange for required certificates, licences etc for various projects from respective agencies and are registered at ports of discharge by clearing offices like RODs, and corresponding bonds are signed by BHEL against meeting export obligations and availing duty benefits.
BHEL operates through various Freight Forwarders and Shipping agents world wide for arrangement of freight logistics support. Clearance activities at ports and Cutoms is executed through CHAs.
Consequent to the dispatch of material, encashing of LC, receipt of negotiable instruments by units after retirement of documents and further submission to ROD, the Bill of entry is filed. The Licences/Certificates are debited as per MOA in Bill of Entry.
After the payment of Customs duty, freight, port charges, Stamp Duty and issue of out of charge by Customs, the material is dispatched from port to site/unit or shifted to CHA godown under the supervision of ROD persons.
ROD keeps all the units updated about the status of various consignments with regard to statges of Customs Clearance, document shortages. Docket wise expenditure is consolidated and debited to units.
Role of Customs Clearing Agency (e.g. ROD)
Role of Importing Agency