GST roll-out and preparation thereof
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....ct: GST roll-out and preparation thereof -reg. Kind attention of exporters, importers, Customs Brokers, Steamer Agents and all other stakeholders is drawn to the Ministry of Law and Justice (Legislative Department) Notification published in the Gazette of India, Extraordinary, Part-II, Section-I, vide No. 19 dated 05.05.2017 to notify the Taxation Laws (Amendment) Act, 2017 (No. 18 of 2017) [co....
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....Tax (IGST) shall be levied on all goods except on the supply of alcohol for human consumption. The integrated tax on goods imported into India shall be levied and collected with effect from 01.07.2017 as per the provisions of Section 3 of the Customs Tariff Act, 1975 on the value as determined under the said Act at the point when duties of Customs are levied on the said goods under Section 12 of t....
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.... field officers in detail. Customs ICES 1.5 application is also being modified to ensure that the new levies are applied and collected on all the imports from 01.07.2017. (iii) In light of the changes notified, Bill of Entry, Shipping Bill and Courier Regulations and forms, both Manual and EDI, have been suitably modified and all such modified forms are available on the website www.cbec.g....
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.... (v) In case of courier, GSTIN for GST registered consignees or PAN for non- registered consignees, as applicable, has to be quoted in the Bill of Entry filed by the Courier agency, wherever goods are subject to IGST. (vi) For calculating the IGST or Compensation Cess, chapter-wise, rate-wise GST schedule, IGST exemption, concession list and GST Compensation cess rates are available ....
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