https://www.taxtmi.com/circulars?id=60460 Sale or transfer of imported goods while deposited in a customs bonded warehouse is a supply taxable under IGST as an inter state supply; IGST is leviable on the value of the supply determined under GST valuation provisions. Customs duty treatment is distinct: customs duty liability remains deferred while goods are in the warehouse and is collected only upon ex bonding, assessed on the value determined at import under the Customs Act, payable in addition to any IGST due on the intervening transfer. en-us Thu, 07 Dec 2017 00:00:00 +0530 Tue, 02 Apr 2019 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60460 Sale or transfer of imported goods while deposited in a customs bonded warehouse is a supply taxable under IGST as an inter state supply; IGST is leviable on the value of the supply determined under GST valuation provisions. Customs duty treatment is distinct: customs duty liability remains deferred while goods are in the warehouse and is collected only upon ex bonding, assessed on the value determined at import under the Customs Act, payable in addition to any IGST due on the intervening transfer. Circulars Customs Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60460