Goods and Services Tax implementation alters customs procedures and IGST exemption treatment for SEZ imports, requiring trade compliance. Introduction of the Goods and Services Tax prompted amendments to customs law and procedure, with a CBEC circular clarifying bonds and letters of undertaking for exports and notifications amending tariffs and providing IGST exemptions for SEZ units and developers on imports of goods and services. Stakeholders are directed to consult the listed instruments on the CBEC website, familiarise themselves with the changes, and report any difficulties to the Principal Commissioner's office.
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Provisions expressly mentioned in the judgment/order text.
Goods and Services Tax implementation alters customs procedures and IGST exemption treatment for SEZ imports, requiring trade compliance.
Introduction of the Goods and Services Tax prompted amendments to customs law and procedure, with a CBEC circular clarifying bonds and letters of undertaking for exports and notifications amending tariffs and providing IGST exemptions for SEZ units and developers on imports of goods and services. Stakeholders are directed to consult the listed instruments on the CBEC website, familiarise themselves with the changes, and report any difficulties to the Principal Commissioner's office.
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