Bill of Entry

The Bill of Entry lets you record custom duty and other charges involved with the import of goods from vendors outside India, or from Special Economic Zones (SEZs).

Enable Bill of Entry

To enable Bills of Entry, you’ll have to first enable trading with overseas vendors. Here’s how you can do it:

Go to Settings on the left sidebar.
(OR)
Click Settings in the top right corner of the page.
Click Taxes under Taxes & Compliance.
In the Taxes pane, select GST Settings.
Under Overseas Trading, check the My business is involved in Overseas Trading option.
Select the Custom Duty Tracking Account from the dropdown.
Click Save.

Create Bill of Entry

Note: A bill of entry can only be created for a bill which is in the Open status.

After you have enabled overseas trading, you can create a bill of entry for any bill. Here’s how:

Click Bills under Payables.
Click the bill for which you want to create a bill of entry.
Click the More icon at the top and select Create Bill of Entry.

Note: The GST Treatment of the vendor should be Overseas or Special Economic Zone (SEZ).

Enter the following details:

Fields	Description
Bill of Entry#	Enter a unique ID for a bill of entry created.
Port Code	Provide the custom port code for the transaction. A port code is a unique, standardized alphanumeric identifier for a specific customs port (sea, air, or land) used in international trade, for tracking shipments, customs clearance, and GST compliance.
Date	Enter the date on which the bill of entry is generated.
Paid Through	Select the account from which the payment is made.
Reference#	Enter the reference number that you would like to link to the bill of entry.
Assessable Value	The amount for a line item will be fetched from the bill. You can add additional charges like landing charges (if any) to this field.
Custom Duty + Additional Charges	You can record charges like Custom Duty, and any other Additional Charges involved with that transaction.
Taxable Amount	Taxable amount is the total of Assessable Value, Custom Duty, and Additional Charges.
Tax	Select the tax group with all the taxes associated to that transaction.

Click Save.

View Bill of Entry

Once you’ve created a bill of entry for a bill, here’s how you can view it:

Click Bills under Payables.
Click the bill for which you created a bill of entry.
Scroll down in the Bills Details page.
Click the Bill of Entry# to view the detailed bill.

Edit Bill of Entry

Here’s how you can edit a bill of entry:

Click Bills under Payables.
Click the bill for which you edit the bill of entry.
Scroll down in the Bills Details page.
Click the Edit icon next to the bill of entry.
Make the necessary changes and click Save.

Delete Bill of Entry

Here’s how you can delete a bill of entry: