All About Bill of Entry & How to Automate Data Extraction from BOE

What is the Customs Bill of Entry Clearance Procedure 

The authorized officer will examine the shipment after the Bill of Entry (BOE) is furnished. Afterward, for clearing the shipment from customs the importer or exporter has to pay the customs duty, IGST, and CESS applicable. The importer or exporter can claim a refund of GST and CESS paid but custom duty in the bill of entry meaning cannot be claimed back.

Process in Bill of entry payment includes 

• Filled the form
• Examination of goods from the custom officer
• Pay the duty to claim the ITC for the Bill of entry in the GST

Bill Of Entry Format

As per the guidelines of the government, here is what the bill of entry format looks like under the GST regime:

Content of Bill Of Entry (BOE)

Port Code and License Number

• IEC (Import Export Code)
• Customs House Agent Code
• Import/exporter name and address
• Port code and license number
• Country of origin and its code
• Country of consignment and its code
• Port of shipment
• The importer's or exporter's address will get auto-filled in case if the taxpayer is registered.
  NOTE: In the IEC field the taxpayer needs to enter their GSTIN or provisional GSTIN. In case the taxpayer does not have regular or provisional GSTIN, he/she can use their PAN/UIN. It shall be noted that the GST refund will be given based on this.
• Name of the Vessel, country of origin and its code, country of consignment and its code, shipment court, and landing bill date.
• Details of goods
  • Quantity of goods
  • Goods description, serial number, and unit code of goods
  • Package weight and value
  • For every class, there should be a different goods description
  • Tariff of custom consisting of exemption notification and year
• Customs duty
  • Duty code nature
  • Landing and handling charges along with the assessable value of the goods
  • Basic customs duty applicable
• Tax Levied is the actual bill of entry payment you made
  • IGST along with code, rate, and amount
  • Amount of CESS
  • Exemption notification for claiming exemption from IGST and compensation CESS
  • The total amount of duty in words and the total number of packages in words
• Two declarations and signatures for the customs officer or Agent and importer/exporter. Only after both these parties sign the bill, the bill becomes valid and verified.
• Below Image is a bill of entry example

Current Problem With the Bill of Entry Import Document

• Too many Fields
• Bill of entry status update time is long due to document length
• Document is lengthy
• Time taking 
• The cluttered document makes it difficult to entry

To download the online bill of entry into Excel, then visit the Masters India Bill of Entry PDF to Excel converter Tool.