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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The public notice allows implementation of ex-bond shipping bills in ICES 1.5 for export of warehoused goods from bonded warehouses. It provides details on the design, workflow, and functionality of filing ex-bond shipping bills, including capturing warehouse code, item-wise details of import bill of entry, and linking with the import ledger for debiting/crediting quantities. No incentives like drawback or advance authorizations are available for such exports. The trade is advised to refer to the relevant circular and advisory for further details.
The public notice allows implementation of ex-bond shipping bills in ICES 1.5 for export of warehoused goods from bonded warehouses. It provides details on the design, workflow, and functionality of filing ex-bond shipping bills, including capturing warehouse code, item-wise details of import bill of entry, and linking with the import ledger for debiting/crediting quantities. No incentives like drawback or advance authorizations are available for such exports. The trade is advised to refer to the relevant circular and advisory for further details.
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