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: central and state tax paid earlier treated as compliant where equal to integrated tax. Supplies of goods deposited in customs bonded warehouses were inter state supplies, but due to lack of reporting facility on the common portal for July 2017-March 2018, suppliers reported them as intra State and paid central tax and state tax. As a one time exception, suppliers who paid central and state tax for such supplies during that period are deemed to have complied with tax payment provisions provided the sum of central and state tax paid equals the integrated tax due.
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Inter state supply of warehoused goods: central and state tax paid earlier treated as compliant where equal to integrated tax.
Supplies of goods deposited in customs bonded warehouses were inter state supplies, but due to lack of reporting facility on the common portal for July 2017-March 2018, suppliers reported them as intra State and paid central tax and state tax. As a one time exception, suppliers who paid central and state tax for such supplies during that period are deemed to have complied with tax payment provisions provided the sum of central and state tax paid equals the integrated tax due.
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