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of <h1>Supreme Court Enforces Pre-Import Condition for Advance Authorization; IGST and Cess Required for Non-Compliant Imports.</h1> The circular addresses the implementation of a Supreme Court ruling concerning the Advance Authorization scheme and the mandatory pre-import condition outlined in the Foreign Trade Policy 2015-20. The Supreme Court overturned a Gujarat High Court decision, mandating that imports not meeting the pre-import condition must pay IGST and Compensation Cess. It directs the Revenue to allow claims for refunds or input credits, subject to verification. The circular outlines procedures for payment and assessment adjustments at ports of import, ensuring compliance with GST provisions. Chief Commissioners are tasked with facilitating implementation and addressing local issues.
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