https://www.taxtmi.com/circulars?id=61364 IGST and GST Compensation Cess will be levied on imports in addition to customs duties, with CVD/SAD largely ceasing; Customs Tariff amendments specify the value on which these levies apply. Revised Bill of Entry and Shipping Bill forms and updated ICES/EDI will require importers to declare GSTIN (or PAN/state code if unregistered) to enable GSTN reconciliation, IGST credit claims and automatic calculation of IGST/cess. Export validation by Customs EDI upon EGM filing will support zero rated export refunds and act as proof of export for supplies under bond/LUT. en-us Thu, 22 Jun 2017 00:00:00 +0530 Wed, 05 Jun 2019 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61364 IGST and GST Compensation Cess will be levied on imports in addition to customs duties, with CVD/SAD largely ceasing; Customs Tariff amendments specify the value on which these levies apply. Revised Bill of Entry and Shipping Bill forms and updated ICES/EDI will require importers to declare GSTIN (or PAN/state code if unregistered) to enable GSTN reconciliation, IGST credit claims and automatic calculation of IGST/cess. Export validation by Customs EDI upon EGM filing will support zero rated export refunds and act as proof of export for supplies under bond/LUT. Circulars Customs Thu, 22 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61364