https://www.taxtmi.com/circulars?id=59998 Transfers or sales of imported goods deposited in a customs bonded warehouse before clearance constitute a supply and, being before goods cross the customs frontier, are treated as inter-State supplies subject to IGST; the value of such supply is determined under the CGST/IGST valuation provisions and IGST is payable notwithstanding that customs duties remain deferred and are collected later at ex-bonding on the value fixed under the Customs Act. en-us Mon, 18 Dec 2017 00:00:00 +0530 Tue, 05 Mar 2019 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59998 Transfers or sales of imported goods deposited in a customs bonded warehouse before clearance constitute a supply and, being before goods cross the customs frontier, are treated as inter-State supplies subject to IGST; the value of such supply is determined under the CGST/IGST valuation provisions and IGST is payable notwithstanding that customs duties remain deferred and are collected later at ex-bonding on the value fixed under the Customs Act. Circulars Customs Mon, 18 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59998