What is Bill of Entry (BOE)
Bill of Entry (BOE), also known as a shipping bill, is an account of goods entered regarding imports and exports with customs department. The importer or customs broker will have to file a BOE in order to clear a customs clearance to claim ITC on the goods. BOE is issued to the importers by the customs department, providing the total assigned value and the corresponding duty charged on the cargo.
When goods are imported from a country, importers are required to pay customs duty by the value of goods, quantity, and description. Customs authorities may ask for even more details like invoice and insurance policy to ensure the value of goods declared. The companies that import the goods from the other countries or the companies that purchase goods from SEZ and sell them in India should file a Bill of Entry.
Procedure:
The importer has to file a bill of entry in 4 copies to clear the goods for domestic consumption.
2 copies for customs (Original and duplicate).
Third copy for the importer.
Fourth for the bank for making remittances
BOE Software – ZedEx Software
Customs clearing is a tricky and time-taking process but ZedEx designed and developed the software that simplifies the work process of BOE for the importer or a customs agent. Filing the BOE is the most complicated task to a customs broker and this is where the best custom clearance software, ZedEx helps them.
ZedEx software is incorporated with all the customs regulations and is updated according to the changing government policies, regularly. This software helps you track the shipment details within the customs and also inform your customer about the status. ZedEx is built in the way that it ensures the accuracy so that you can concentrate on managing other essential things. With accuracy and easy access to the user, ZedEx software became the best custom clearing software in India, in no time.
Given below document generate from software
1. ECM DOC XML Generation
2. ECM NON DOC XML Generation
3. CBE XII XML Generation
4. CBE XIII XML Generation