Customs valuation rules amendment clarifies inclusion of costs up to place of importation and excludes certain destination loading charges.
Amendments define place of importation as the customs station where goods are cleared for home consumption or removed to warehouse, and limit transaction value to costs incurred up to that place. Loading, unloading and handling charges at the destination are excluded from the CIF value; only charges incurred to deliver goods to the place of importation are includible. The rules also clarify computation of freight and insurance when only aggregate FOB-plus figures are known and exclude domestic trans shipment costs from transaction value across transport modes.

Export bond/Letter of Undertaking: facility extended to all registered persons for tax-free exports, subject to prosecution-linked exclusions and procedural safeguards.
Facility to export under Letter of Undertaking (LUT) or bond is extended to all registered persons except those prosecuted for specified offences; LUTs are valid for the financial year but may be deemed withdrawn if statutory export time-limit obligations are not met until defaulted amounts are paid. Exporters may furnish downloaded FORM GST RFD-11 to the jurisdictional Deputy/Assistant Commissioner, LUTs/bonds must be processed within three working days or deemed accepted, bonds require accompanying bank guarantees, and running bonds must cover outstanding integrated tax liability with records maintained by the exporter.

Container scanning requirement ensures selected Mulund ICD bound containers undergo scanning and supervised physical examination when suspicious images appear.
Selected Mulund ICD bound containers arriving at Nhava Sheva must be scanned at CSD JNCH; terminal operators and CONCOR must present containers with EIR or SMTP and obtain endorsement after scanning. If scanning is not possible or images are suspicious, containers will undergo full physical examination under the supervision of the designated DC/AC Mulund ICD. CSD JNCH will email scanning outcomes and suspicious images to Mulund ICD and receive examination results; examination officers must enter reports in the system and designated CSD staff will coordinate stakeholders.

Line of Credit supported by the government enables export financing for railway projects subject to FEMA and export rules.
A Government supported Line of Credit from Exim Bank to Mongolia finances exports for railway and related infrastructure projects, requiring at least 75 percent of goods and services value to be supplied from India and permitting the remaining 25 percent to be procured abroad. The LoC became effective August 25, 2017, carries a terminal utilization period of 60 months after project completion, requires shipment declaration on the Export Declaration Form, disallows agency commission under the LoC while permitting exporter-paid commission from own or EEFC resources subject to realization, and is issued under the Foreign Exchange Management Act.

Line of credit support enables export financing for specified infrastructure projects with sourcing and compliance conditions.
Exim Bank's Government supported Line of Credit finances eligible exports for specified Sri Lankan railway projects, covering goods and services qualifying under the Foreign Trade Policy, with at least 75 per cent of contract value supplied from India and up to 25 per cent procured outside India. The Agreement includes a terminal utilisation period after project completion; shipments must be declared on the Export Declaration Form. No agency commission is payable under the LoC, though exporters may use their own funds or EEFC balances for commission subject to realisation and AD Category I compliance.

Hedging INR trade exposures: central treasuries may contract with authorized dealer banks under prescribed models, documentation, and settlement rules.
Non residents and their central treasuries may hedge INR invoiced trade exposures with AD Category I banks in India under two models: Model I (via an overseas bank correspondent) and Model II (direct dealing with the AD bank). AD banks must verify underlying trade documentation, obtain prescribed undertakings and KYC/AML certification, confine hedge amount and tenor to the underlying transaction and regulatory limits, settle via Nostro/Vostro accounts, prohibit rebooking of cancelled contracts while permitting a single rollover tied to extension of the underlying transaction, and report Model II contracts to the trade repository.

Service tax transitional provisions: circular guidance issued and trade associations asked to notify members for compliance.
The notice directs trade associations to inform members of Circular No. 207/05/2017-Service Tax dated 28.09.2017, which provides guidance on transitional treatment and payment of Service Tax after 30 June 2017 and sets out related compliance procedures.

Regional Advisory Committee established to advise on GST procedural issues, with quarterly meetings and two year member terms.
A single Regional Advisory Committee for Central Tax & CX, Delhi Zone is constituted as an advisory body to address GST procedural and policy matters of a general nature, excluding individual and judicial or semi judicial cases. The RAC will have 16 members representing trade, industry, Government and PSUs, with the Chief Commissioner empowered to co opt up to three members for specific periods or meetings. The committee will meet quarterly under the Zonal Chief Commissioner and members will serve two year terms; nominations are to be submitted through jurisdictional Commissionerates by the stated deadline.

Refund of IGST on export: procedures and guidance issued; trade directed to follow CBEC instruction available online.
Refund of tax paid on export is governed by the rules for claiming IGST refund on exported goods. The notice directs trade and customs formations to follow the procedural guidance issued by the central revenue board in its administrative Instruction, which is available on the board's official website and is the authoritative source for the refund mechanism and required documentation.

IGST refund on exports - shipping bill deemed refund application once EGM filed and a valid GSTR return submitted.
Refund under Rule 96 is triggered when the shipping bill is accompanied by a correctly filed Export General Manifest and a valid GSTR-3 or GSTR-3B return; customs will electronically match Table 6A GSTR-I export details with shipping bill data, process eligible IGST claims, and credit refunds to the bank account registered with Customs after PFMS validation, while refunds will be withheld where withholding requests are received or exports violate the Customs Act.

Customs valuation rules clarify inclusion of royalties and transport charges and set procedures for rejecting declared import value.
Customs valuation rules clarify that transaction value means the value under section 14(1); provisos prevent use of provisionally assessed values for identical or similar goods; the residual method is aligned with WTO valuation principles. Rule 10 requires inclusion of royalties, licence fees or other payments tied to a process in the customs value even if the process occurs post-importation, and transport cost expressly includes ship demurrage and lighterage/barge charges. The rejection-of-declared-value provision is framed as a procedural mechanism allowing acceptance after consultation and identifying illustrative grounds for doubt.

Self-sealing e-seals: vendors listed; exporters must procure seals directly and exercise financial and transactional precautions.
The notice lists vendors approved under the relevant customs circulars, providing vendor names, contact details and declared seal number ranges for use in the self-sealing procedure, and confirms their documentation was scrutinized and found complete. Exporters must procure e-seals directly from these vendors, exercise appropriate financial and transactional precautions, and note that the department is not responsible for vendor conduct; implementation difficulties may be reported to the office.

Export Letter of Undertaking extended to all registered exporters, subject to prosecution and specified bond and guarantee safeguards.
Clarification extends the facility of export under Letter of Undertaking (LUT) to all registered persons for zero-rated supplies without payment of integrated tax, except those prosecuted for offences where tax evasion exceeds two hundred and fifty lakh rupees. LUT validity is for the financial year, can be withdrawn if exports are not completed within prescribed time and tax not paid, and is restorable upon payment. LUT/bond submission procedures, prioritised processing within three working days, acceptance on exporter letterhead, self-declaration provisions, bond and bank guarantee requirements, running bond maintenance, sealing supervision, and jurisdictional acceptance by the Commissioner over the principal place of business are specified.

Information matching for third-party statements limited: no intimation under section 143(1)(a)(vi) when ITR 1 net data prevents meaningful comparison.
Where ITR 1 supplies only net figures that do not permit meaningful comparison with Form 26AS, Form 16A or Form 16, section 143(1)(a)(vi) shall not be invoked to issue intimations proposing adjustments; the provision remains applicable if an entire head or item of income is omitted from ITR 1 but specifically appears in any of the three Forms, and only those three Forms will be considered. Pending intimations are to be handled per this direction, and revised returns filed after intimation are valid and to be processed.

IGST refund on exports: shipping bill treated as refund claim when EGM filed and valid GST return exists.
The Shipping Bill is deemed an application for IGST refund once an Export General Manifest is filed and a valid GST return is on record; Customs will electronically credit the IGST to the exporter's bank account registered with Customs after PFMS validation. Exporters and carriers must file accurate EGMs, reconcile GSTR 1 zero rated supply details with Shipping Bills, file valid GST returns promptly, and ensure bank account details are aligned and validated to enable refund disbursal.

Extension of time for intimation of stock under composition levy; filing in FORM GST CMP-03 now permitted until the extended deadline.
Extension of the time limit for furnishing intimation of stock held immediately before the date from which a taxpayer opts for the composition levy in FORM GST CMP-03. The Commissioner of State Tax, exercising powers under the Goa GST Rules and Act and on Council recommendation, has extended the period for submitting details of such stock to a later specified date, applying to taxpayers electing composition status in Goa.

Extension of time for FORM GST TRAN-1 submissions granted under applicable GST rules to allow late filing.
The Commissioner, under Rule 120A of the Goa Goods and Services Tax Rules, 2017 read with Section 168 of the Goa Goods and Services Tax Act, 2017 and on Council recommendations, extends the period for submitting the declaration in FORM GST TRAN-1 until 31st October, 2017, referencing Order No. 02/2017-GST.

Extension of time for stock intimation under composition levy: deadline for filing FORM GST CMP-03 extended administratively.
Extension of time is granted for furnishing details of stock held on the day preceding the date from which a taxpayer exercises the option for composition levy, permitting submission in FORM GST CMP-03 until 31st October, 2017, issued under sub-rule (4) of rule 3 read with section 168 on the Council's recommendation.

Export under Letter of Undertaking extended to all registered persons with procedural safeguards and timelines for acceptance.
The circular extends the facility of export under a Letter of Undertaking (LUT) to all registered persons except specified prosecuted persons, prescribes LUT validity for the financial year with withdrawal and restoration mechanics tied to payment and export timelines, mandates temporary submission procedures until FORM GST RFD-11 is on the portal, accepts exporter self-declaration with post-facto verification, requires three working day acceptance by authorities (deemed accepted if not), and sets bond and bank guarantee safeguards, running bond maintenance, sealing supervision, and jurisdictional acceptance rules.

IGST export refund bank account accuracy required to enable data exchange and timely refunds under CGST rules.
Requirement that exporters accurately declare their bank account for IGST export refunds and ensure the account recorded in ICES is also registered with the GSTN to permit data exchange and verification, enabling timely and successful refund processing.