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of <h1>Tax Compliance Clarification for Warehoused Goods from July 2017 to March 2018: One-Time Exception Announced.</h1> The circular addresses the tax payment for warehoused goods deposited in customs bonded warehouses from July 2017 to March 2018. It clarifies that during this period, due to the lack of a facility on the common portal, taxpayers reported these as intra-State supplies, paying central and state taxes instead of the integrated tax. To resolve this, the Board deems such tax payments compliant if the total paid matches the integrated tax amount. This decision is a one-time exception due to the revenue-neutral nature of the payments and the portal's limitations. Trade notices are requested to publicize this clarification.
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