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Circulars
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Customs - Continuation of Pre-GST rates of RoSL for transition Period of 03 months i.e. 01.072017 to 30.09.2017 for export of Garments and textile made up articles
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Rebate of State Levies continuation allows exporters to claim restored pre GST ROSL rates with revised undertaking required.
Pre GST Rebate of State Levies (ROSL) rates for garments and textile made ups are restored for a three month transition period and are claimable on the basis of a revised undertaking. The revised undertaking format is incorporated into the EDI shipping bill from 05.08.2017; exporters for shipments dated 01.07.2017-04.08.2017 must submit a manual undertaking (single undertaking may cover multiple shipping bills). EDI will apply MOT notified ROSL rates at scroll generation irrespective of shipping bill figures, and no separate claim is necessary.
GST - Waiver from Bank Guarantee on executing Bond
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GST waiver from bank guarantee on executing bond: exporters may submit bonds without BG subject to specified exclusion criteria.
Authority is delegated to Jurisdictional Deputy or Assistant Commissioners to waive bank guarantees and accept bonds without bank guarantees for exports, subject to exclusions: prosecution for tax evasion; fresh registrants ineligible for LUT; prior breach of bond conditions; failure to deposit collected tax/duty; default in filing required returns; and default in payment of revenue arrears where no appeal is pending or dispute is final. A prescribed self declaration confirming none of these exclusions applies must be obtained when accepting a bond without a bank guarantee.
Sub: Cancellation of LUT BOND/BG-reg.
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Cancellation of BG/LUT bonds: listed advance licence holders must submit Annexure A documents for export verification by deadline.
Licence holders listed for verification must furnish documents specified in Annexure A of Public Notice No. 11/2011 to the DEEC Monitoring Cell, 7th Floor, JNCH, Nhava-Sheva on or before the stated deadline for verification of exports and consequent cancellation of Bank Guarantee/LUT; categories include selected verification cases, deemed-export verifications, DGFT-prescribed verifications, and cases accepted without verification.
Subject: Clarification on issues related to furnishing of Bond/Letter of Undertaking for Exports;
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Eligibility for LUT extended to qualifying exporters, enabling export zero-rating where remittance and documentation conditions are met.
Eligibility for furnishing a Letter of Undertaking (LUT) is extended to all registered suppliers meeting prescribed foreign inward remittance thresholds or qualifying as status holders. LUTs are submitted on letterhead with authorised signature, processed on priority and accepted within three working days when complete. Purchases by merchant exporters from manufacturers are taxable under GST; supplies to EOUs are taxable while EOUs obtain zero rating only for exports. Documents and self-declarations proving LUT eligibility will be accepted absent contrary evidence, subject to post-facto verification.
Subject: Procedure for grant of self-sealing permission to the exporters in GST regime
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Export container self-sealing procedure allows registered exporters to self-seal containers subject to authorization, intimation, electronic seals and risk-based inspection.
Exporters registered under GST may apply for one time, cross station self sealing permission by submitting Annexure A and B, IEC/GSTIN and premises proof, undergoing an on site viability inspection, and receiving Principal/Commissioner approval; for each shipment they must intimate stuffing three days ahead, affix declared tamper proof electronic (or interim bottle) seals with seal data in the Shipping Bill, carry prescribed export documents and Annexure C, and remain subject to risk based examination and seal verification.
Implementation of Notification No. 19 dated 5.8.2017- reg.
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Import restriction on pigeon peas: quota exhausted, no new authorisations will be issued; pre-existing LCs remain permitted.
Import of Pigeon Peas (Toor Dal) has been made restricted subject to an annual quota; because the fiscal year quota is already exhausted, no further import procedures or authorisations will be issued, but imports under irrevocable Letters of Credit opened before 5 August 2017 and duly registered with jurisdictional RAs are permitted under the Handbook of Procedures and Foreign Trade Policy registration provisions.
Creation of GST Seva Kendras
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GST Seva Kendras: facilitation centres set up for taxpayers; no fee charged for registration or assistance.
Offices under the Commissionerate are designated as GST Seva Kendras with named officers and contact details to facilitate GST implementation; territorial jurisdictions were notified earlier and there is No Fee for registration or any facilitation, with a request that trade bodies publicize the notice.
Submission of Bond/Letter of Undertaking by the Exporter in respect of Exports without payment of Integrated Tax under IGST Act
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Bond and Letter of Undertaking procedures permit exports without integrated tax and support refunds of unutilized input tax.
Exports without payment of integrated tax may be made under a bond or Letter of Undertaking, with refund provisions for unutilized input tax, subject to prescribed conditions, safeguards and procedure. Until taxpayer-assignment arrangements are implemented, exporters may furnish the bond or Letter of Undertaking before either Central or State tax administration. In Chhattisgarh, pending further instructions, rule-compliant bonds and Letters of Undertaking for such exports are accepted by authorised Central Tax authorities.
Constitution of National Anti-profiteering Authority under GST
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National Anti-profiteering Authority ensures tax-reduction benefits reach recipients through qualified Technical Members nominated under the GST framework.
National Anti-profiteering Authority under GST is intended to ensure that benefits from tax reductions are passed on to recipients. It is to comprise a Chairperson and four Technical Members, nominated by the GST Council, who must be serving or former Commissioners of State Tax or Central Tax, or have held an equivalent post. A Technical Member must not have attained 62 years of age. Eligible officers were invited to provide their name, age and experience for nomination consideration.
Submission of Bond/Letter of Undertaking by the Exporter in respect of Exports without payment of Integrated Tax under the IGST Act.
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Letter of Undertaking for zero-rated exports allows export without payment of integrated tax subject to prescribed conditions and officer acceptance.
Exporters may supply under a Letter of Undertaking or bond to make zero-rated supplies without payment of integrated tax, filing FORM GST RFD-11 prior to export and bound to pay tax with interest where export or receipt conditions are not met. LUT acceptance and administrative filing arrangements are described, eligibility for LUT is limited to specified status holders or exporters meeting foreign inward remittance and compliance criteria, and the LUT must be furnished in duplicate and executed by an authorised signatory.
GST- Composition Scheme — reg
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Composition scheme simplifies GST compliance for small suppliers but bars input tax credit and interstate eligibility.
The composition scheme is an optional simplified tax regime for eligible small taxpayers, limited primarily to specified goods supplies and subject to an aggregate turnover threshold. Composition taxpayers must issue a bill of supply, cannot collect tax from buyers, and are ineligible to claim input tax credit. Interstate supplies, supplies to SEZs, supplies through e commerce operators, casual and non resident taxable persons are excluded. Electronic intimation, quarterly and annual return filings, and prescribed procedures govern opt in, withdrawal, and consequences for breach, including assessment under the normal scheme and reversal mechanisms for ITC on stock.
Clarification on issues related to furnishing of Bond/Letter of Undertaking for Exports
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Export Bond and Letter of Undertaking rules clarify eligibility, acceptance, zero-rating, remittances, guarantees, and jurisdiction.
GST export procedures allow registered persons meeting prescribed foreign inward remittance conditions to furnish a Letter of Undertaking instead of a bond, while status holders may use an LUT irrespective of those conditions. LUTs and bonds are prior requirements for exports and SEZ supplies and should be accepted within three working days when complete documents are submitted. Zero-rating applies to supplies by the actual exporter under LUT or on payment of integrated tax; manufacturer supplies to merchant exporters and supplies to export-oriented units remain taxable. Payment and foreign-exchange conditions govern supplies to Nepal, Bhutan and SEZ recipients.
Clarification on issues related to furnishing of Bond/Letter of Undertaking for Exports–Reg.
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Eligibility for LUT expanded to more exporters; procedural timelines, acceptable evidence and rupee receipt rules clarified.
Clarifies eligibility, form, processing timelines and related procedural matters for furnishing a Letter of Undertaking (LUT) or bond for zero-rated supplies under the GST regime. Eligibility for LUT is extended beyond manufacturers to any registered person meeting the combined remittance and threshold test, with status holders eligible regardless of remittance. LUTs must be on letterhead, processed within three working days, and self-declarations accepted unless contrary evidence exists. Acceptance of LUT for payments in Indian rupees is permissible subject to RBI guidelines; supplies to SEZs and EOUs are governed by zero-rating rules applicable to actual exporters.
Clarification on issues related to furnishing of Bond/Letter of Undertaking for Exports-
Show AI Summary
Eligibility for LUT depends on foreign inward remittance thresholds and status holder exception; procedural acceptance and documentation rules follow
Eligibility for a Letter of Undertaking requires foreign inward remittances in the preceding financial year amounting to at least ten percent of export turnover and not below a stated baseline; status holders are eligible regardless. LUTs must be on letterhead with signature; jurisdictional officers must accept LUT/bond within three working days of complete submission. Self declarations and supporting documents shall be accepted unless contradicted; verification may occur post facto. CT 1 has no relevance under GST; zero rating is available only to the actual exporter under LUT or on payment of IGST. Bank guarantee limits may be relaxed by the Commissioner subject to specified liberal considerations.
Subject: Customs - Drawback of Integrated Tax and Compensation Cess paid on imported goods upon re-export under Section 74 of the Customs Act, 1962
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Drawback inclusion of integrated tax and compensation cess requires GST officer certification to prevent dual benefit on re-exports.
Drawback on re-exported imports includes refund of integrated tax and compensation cess alongside basic customs duty, following amendment to the Re-export Rules to extend drawback to these levies. Sanction of drawback requires a certificate from the jurisdictional GST officer confirming no input tax credit or refund has been availed or claimed for the integrated tax or compensation cess paid on the imported goods, while other drawback procedures remain unchanged.
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 -Liquidity Enhancement Scheme
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Exemption from LES transparency requirements allows IFSC exchanges to create dedicated reserves for scheme incentives.
SEBI exempts IFSC stock exchanges from specified LES transparency and measurability requirements on condition that exchanges create a dedicated reserve for LES incentives/expenses based on a normative domestic study, exclude such reserves from net worth, and submit proposals for SEBI approval; other provisions of the earlier LES circular remain operative.
Notification of FSSAI's Authorised Officer for Kandla Port under Section 47 (5) of FSS Act, 2006
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Authorisation of Food Safety Officer under FSS Act designates authorised and link officers for imported food clearance at Kandla Port.
Designation of an Authorised Officer for imported food clearance at Kandla Port and Adani Bulk Terminal: Shri J P Meena is notified as the Authorised Officer and Shri Vipul R Joshi is nominated as link officer to act in his absence, with regional FSSAI office contact details provided to facilitate implementation of the Food Safety and Standards Act's import clearance responsibilities.
Leviability of Integrated Goods and Services Tax (IGST) on High Sea Sales of imported goods and point of collection thereof
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Integrated Goods and Services Tax on high sea sales is collectable only at importation, including value additions.
IGST on high sea sale transactions of imported goods is to be levied and collected only at the time import declarations are first filed for customs clearance, with value additions from each high sea sale included in the value on which IGST is collected. The importer of record must furnish the full chain of documents linking initial and final prices, and Customs may reject declared transaction value and determine value under Customs Valuation rules if accuracy is doubtful.
Clarification regarding exports under claim for drawback in the GST scenario
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Drawback self-declaration allows exporters to claim higher AIR drawback without GST officer certificate, subject to audit verification.
The requirement for a GST officer certificate for claiming higher AIR drawback has been dispensed with and replaced by an exporter self-declaration under revised Note and Condition 12A; the self-declaration format will be included in the EDI shipping bill, applies retrospectively to exports governed from the transition commencement, and exporters may submit single declarations for past shipping bills. Goods cleared before the transition date but without a prior let export order remain outside GST and continue to follow the earlier declaration/certificate requirement. Customs will conduct audit verification to prevent double neutralisation and expedite pending drawback claims.
Extending the Single Window Interface for Facilitation of Trade (SWIFT) in Exports with WCCB to all EDI locations
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Single Window Interface for Trade online referral to WCCB extended to all EDI locations for exports.
The Single Window Interface for Facilitation of Trade (SWIFT) will refer export shipping bills online to the Wild Life Crime Control Bureau (WCCB) for a No Objection Certificate where required, extended to all Customs EDI locations with existing EDI-to-WCCB mappings preserved; ICES Local System Managers must map SW NOC module roles to WCCB officers per the DG (Systems) user manual, and Customs/Central Excise/GST officers must sensitize staff and stakeholders and report implementation difficulties.

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Subject: Leviability of Integrated Goods and Service Tax (IGST) on High Sea Sales of imported goods and point of collection thereof -reg.

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IGST on high sea sales: tax collected only at first importation, incorporating value additions across pre clearance transfers.
IGST on high sea sale transactions of imported goods shall be levied and collected only at the time of importation when the import declaration is filed ... Summary

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Acts Income Tax