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>Chennai Customs Circular: GST-Induced Changes in Import/Export Procedures, IGST Collection, and Compliance Guidelines Effective July 1, 2017.</h1> The circular from the Commissioner of Customs, Chennai, outlines changes in customs procedures due to the implementation of the Goods and Services Tax (GST) starting July 1, 2017. It details modifications to the Bill of Entry and Shipping Bill declarations to align with GST requirements, including the levy and collection of Integrated GST (IGST), declaration of Central Excise Tariff Headings (CETH), and identification of GST beneficiaries. The document emphasizes the need for electronic reconciliation of IGST with GST returns for seamless credit flow and outlines procedures for manual Bill of Entry in non-EDI locations. It also discusses changes in export procedures, including zero-rated supply and refund claims, and provides guidelines for GSTIN entity identification and export invoice compliance.