ICES Advisory 11/2018 (Budget Changes) - Implementation of revised Assessable value for IGST & GST Cess calculation

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....in F.No.S.Misc.09/2018 Sys Unit Dated: 02/04/2018 PUBLIC NOTICE. 23/2018 Sub: ICES Advisory 11/2018 (Budget Changes) - Implementation of revised Assessable value for IGST & GST Cess calculation Reg. *********** Kind reference of Importers/ Customs Brokers is invited to amendments introduced in Finance Bi 1,2018 to introduce new sections 3(8A) and 3(10A) of Customs Tariff Act, 197....

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....te the IGST 8s GST Compensation cess accordingly. 4. As the President has given assent to the Finance Bill 2018, the above change would be effective from 29.03.2018. Hence, Importers/ Customs Brokers are hereby requested to submit the Ex-Bond BE with proper code as mentioned above in the RSP table in the case of goods sold to other person during the period of warehousing. 5. The above proced....