Implementation of GST in Customs: revised BE/SB fields require GSTIN, IGST details and electronic reconciliation for credit flow. Imports require BE declarations of IGST and GST Compensation Cess with notification citation and duty flags; Bill of Entry must include State Code and GSTIN/identification to designate the GST beneficiary. Electronic reconciliation between Customs EDI and GSTN will validate Port Code, BE details, aggregated IGST taxable value, IGST amount and Compensation Cess so IGST credit flows to the matched GSTIN on filing of GST returns.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Implementation of GST in Customs: revised BE/SB fields require GSTIN, IGST details and electronic reconciliation for credit flow.
Imports require BE declarations of IGST and GST Compensation Cess with notification citation and duty flags; Bill of Entry must include State Code and GSTIN/identification to designate the GST beneficiary. Electronic reconciliation between Customs EDI and GSTN will validate Port Code, BE details, aggregated IGST taxable value, IGST amount and Compensation Cess so IGST credit flows to the matched GSTIN on filing of GST returns.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
