Clarification regarding tax payment made for supply of warehoused goods while being deposited in a customs bonded warehouse for the period July,2017 to March, 2018.
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Inter-State supply of warehoused goods: CGST and SGST treated as equivalent to IGST for past portal-reporting period. Supplies of goods held in customs bonded warehouses are inter State supplies but, from July 2017 to March 2018, portal limitations caused taxpayers to report them as intra State and pay central and state tax. As a one time administrative exception, taxpayers who paid central and state tax during that period will be treated as compliant if the combined central and state tax paid equals the integrated tax due on those supplies.
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.
Inter-State supply of warehoused goods: CGST and SGST treated as equivalent to IGST for past portal-reporting period.
Supplies of goods held in customs bonded warehouses are inter State supplies but, from July 2017 to March 2018, portal limitations caused taxpayers to report them as intra State and pay central and state tax. As a one time administrative exception, taxpayers who paid central and state tax during that period will be treated as compliant if the combined central and state tax paid equals the integrated tax due on those supplies.
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