Goods and Services Tax implementation prompts customs, IGST and procedural changes; stakeholders must review notifications and ensure compliance. Introduction of Goods and Services Tax requires concurrent amendments to customs law and procedure and is accompanied by multiple Customs, IGST, Integrated Tax Rate and Compensation Cess notifications. The notifications bring specified provisions into force, amend exemption and drawback rules, introduce revised Shipping Bill and Bill of Export regulations, notify IGST rules and rates, prescribe HSN requirements and interest rates, and notify compensation cess provisions. Stakeholders are advised to familiarise themselves with these changes and report difficulties to the office.
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.
Goods and Services Tax implementation prompts customs, IGST and procedural changes; stakeholders must review notifications and ensure compliance.
Introduction of Goods and Services Tax requires concurrent amendments to customs law and procedure and is accompanied by multiple Customs, IGST, Integrated Tax Rate and Compensation Cess notifications. The notifications bring specified provisions into force, amend exemption and drawback rules, introduce revised Shipping Bill and Bill of Export regulations, notify IGST rules and rates, prescribe HSN requirements and interest rates, and notify compensation cess provisions. Stakeholders are advised to familiarise themselves with these changes and report difficulties to the office.
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