<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>GST roll out and preparation thereof</title>
    <link>https://www.taxtmi.com/circulars?id=59925</link>
    <description>Imports will attract Integrated Goods and Services Tax (IGST) and possibly the GST Compensation Cess in addition to customs duties, calculated on an aggregate value that includes customs duty but excludes IGST or cess. Bills of Entry and Shipping Bills (manual and EDI) have been modified to require GSTIN for registered persons or PAN/state code for non-registered persons; Customs EDI will reconcile IGST credit claims with GSTN returns and publish IGST and cess paid on each Bill of Entry to facilitate credit claims and refunds.</description>
    <language>en-us</language>
    <pubDate>Thu, 29 Jun 2017 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 28 Feb 2019 15:19:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=560485" rel="self" type="application/rss+xml"/>
    <item>
      <title>GST roll out and preparation thereof</title>
      <link>https://www.taxtmi.com/circulars?id=59925</link>
      <description>Imports will attract Integrated Goods and Services Tax (IGST) and possibly the GST Compensation Cess in addition to customs duties, calculated on an aggregate value that includes customs duty but excludes IGST or cess. Bills of Entry and Shipping Bills (manual and EDI) have been modified to require GSTIN for registered persons or PAN/state code for non-registered persons; Customs EDI will reconcile IGST credit claims with GSTN returns and publish IGST and cess paid on each Bill of Entry to facilitate credit claims and refunds.</description>
      <category>Circulars</category>
      <law>Customs</law>
      <pubDate>Thu, 29 Jun 2017 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=59925</guid>
    </item>
  </channel>
</rss>