https://www.taxtmi.com/circulars?id=60434 Guidance sets out that from 1 July 2017 most Additional Duties (CVD/SAD) are replaced by IGST, specified goods attract GST Compensation Cess, and exports are zero rated supplies. IGST and Compensation Cess are levied on imports arriving or declared on/after that date, with IGST calculated on assessable value plus customs duties and specified additions (including anti dumping and safeguard duties). GSTIN must be quoted on Bills of Entry for importers to claim ITC; Bill/Shipping Bill formats and IT systems will be amended; transitional provisions and detailed duty calculation illustrations and refund/drawback options are provided. en-us Fri, 30 Jun 2017 00:00:00 +0530 Wed, 11 Feb 2026 15:58:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60434 Guidance sets out that from 1 July 2017 most Additional Duties (CVD/SAD) are replaced by IGST, specified goods attract GST Compensation Cess, and exports are zero rated supplies. IGST and Compensation Cess are levied on imports arriving or declared on/after that date, with IGST calculated on assessable value plus customs duties and specified additions (including anti dumping and safeguard duties). GSTIN must be quoted on Bills of Entry for importers to claim ITC; Bill/Shipping Bill formats and IT systems will be amended; transitional provisions and detailed duty calculation illustrations and refund/drawback options are provided. Circulars Customs Fri, 30 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60434