The Government of India has started tracking the import of various products in the country by making import registration mandatory to the importers. The Government made import registration compulsory for a host of electronic integrated circuits (ITC HS Codes: 85423100, 85423900, 85423200, 85429000, 85423300) under the chip imports monitoring system (CHIMS).
The registration under CHIMS would be available from 1st October 2021. The registration window is open under CHIMS for applying till the time of import shipment arrives but it has not to be done earlier than 60th Day.
The Legal action would be taken on-chip importers who are failing to register under CHIMS in advance or found to furnish wrong data in the online system. The Ministry of Electronics will monitor the information of chip imports provided by the importers under CHIMS.
The objective of introducing the CHIMS is to enable the Government of India to maintain and update constantly a database containing the advance information of the following products imported in India.
List of goods required registration number under CHIMS
Hence, Under the CHIMs chip importers are required to submit the advance information in the online system for the import of the above products to obtain the Registration Number or CHIMS License by paying the registration fee.
The data received through the CHIMs help the Government in effective policy formulations and implementations regarding steel imports.
The Data would be published by the Ministry of Electronics on the CHIMS portal.
A registration fee of Rs 1 per thousand subject to a minimum of Rs.100/− and maximum of Rs 500/- on aggregate CIF value of imports will need to be paid through electronic mode in the online system for each registration number.
Registration number/CHIMS License is valid for 75 days after approval.
To get the registration number /CHIMS license there are various documents/data have to be kept ready in hand.
The Documents such as Digital signature certificate, active IEC copy required with the following import & item details –
Details required to be kept ready for CHIMS registration
Multiple products can be added in one application if exporter, importer, country of origin, port of exportation is the same. For each shipment, the license has to filed. The chip importers only have to enter the registration number and expiry date of the registration number in the bill of entry.
Modification of the license under CHIMS is not permitted once the application is submitted on the portal. The draft online application details can be modified from the draft section on the website.
Same for the cancellation, the cancellation of license is not permitted once it is submitted. The draft application can be deleted from the portal.
There is no provision given for the fee refund after the cancellation.
Modification, cancellation, refund of fee post submission can be evaluated in the near future when the CHIMS system would be enhanced.