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Welcome Notices to note for Exporters and Importers

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....elcome Notices to note for Exporters and Importers<br>By: - Vivek Jalan<br>Goods and Services Tax - GST<br>Dated:- 19-10-2023<br><br>a. Exporters and importers in New Delhi/CLA, Mumbai, Coimbatore, Kolkata, Surat, Ahmedabad, Bangalore, Rajkot, Hyderabad, Chennai and Ludhiana, can get their pending EODCs for Advance Authorisations and EPCG disposed off b. GST-ITC allowed in case of transfer of dut....

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....y free imported or indigenously procured materials, between the units located in same or different States Exporters and importers in New Delhi/CLA, Mumbai, Coimbatore, Kolkata, Surat, Ahmedabad, Bangalore, Rajkot, Hyderabad, Chennai, and Ludhiana, can get their pending applications for Export Obligation Discharge Certificate (EODC) for Advance Authorisations and EPCG disposed off with ease betwee....

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....n 13.11.2023 to 24.11.2023, as provided by Trade Notice No. 29/2023-24 dated 13th October 2023. Exporters whose EODC applications are pending, and their licence status is not reflected as &#39;Closed&#39; on the DGFT Website, should make use of the 2-week EODC camp and ensure that un-redeemed licence pendency is disposed. The following points should be noted - i. For applications wherein physical....

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.... files were submitted for redemption / closure to the RA earlier, the RA on examination of the said files should generate the EODC letter online. ii. Also, for cases where the authorisation was redeemed earlier but not updated by the RA online, the authorisation status should be duly updated in the online systems. iii. Alternatively, the AAEPCG Authorisation holder may also submit EODC status u....

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....pdate application by navigating to DGFT website --> Services --> AA / EPCG --> EODC Status update. iv. RA as well as the Exporter is mandated to ensure that the status of all redeemed AA/EPCG authorisations are duly updated in the DGFT online systems. v. EODC issued online are transmitted electronically to Customs ICEGATE System in near real-time, to facilitate the discharge of Customs bond and ....

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....other related activities at the Customs port. In another development, in a welcome move, vide Public Notice No. 34/2023 dated 13th October 2023, in case of transfer of duty free imported or indigenously procured materials, on which GST has been paid, between the units located in same or different States, the availment of Input Tax Credit has been allowed and shall be governed as per the provision....

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....s of the GST law & the rules made thereunder. Vide Para 4.10 (i) of the Handbook of Procedures 2023, The DGFT had already permitted the transfer of any duty-free material imported or procured against Advance Authorisation from one unit of a company to another unit for manufacturing purpose with prior intimation to jurisdictional Customs Author.<br> Scholarly articles for knowledge sharing by autho....

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....rs, experts, professionals ....