Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Circular Simplifies Export Procedures Post-GST: Self-Sealing for Containers, New Tax Refund Options Detailed.</h1> The circular addresses export procedures and the sealing of containerized cargo following the implementation of the Goods and Services Tax (GST) from July 1, 2017. It outlines two options for exporters to claim tax refunds: exporting under bond or Letter of Undertaking without paying integrated tax and claiming a refund of unutilized input tax credit, or exporting with tax payment and claiming a refund of the tax paid. The document also introduces a simplified self-sealing procedure for containers, effective from September 1, 2017, replacing previous methods involving Central Excise supervision. This change aims to streamline processes and ensure compliance under the new GST regime.