Hyderabad Customs Alerts Stakeholders on GST Implementation Starting July 1, 2017; Emphasizes Compliance with Updated FTP.
The circular issued by the Hyderabad Customs Commissionerate informs exporters, importers, customs brokers, and other stakeholders about the implementation of the Goods and Services Tax (GST) effective from July 1, 2017. It references earlier public notices and a trade notice issued by the Directorate General of Foreign Trade (DGFT) for further guidance and necessary actions. The notice aims to ensure compliance with the new GST regime and highlights the importance of understanding the updated Foreign Trade Policy (FTP) provisions in this context.
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