System-Based Enforcement of IGST Restrictions on Export of Specified Goods as per Section 16(4) of the IGST Act

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Subject: Implementation of Section 16(4) of IGST Act related to restriction on export of certain goods on payment of IGST and coverage under refund mechanism-reg. Attention of Trade and all concerned is invited to Circular No. 24/2023- Customs dated 30.09.2023 and Notification No. 01/2023- Integrated Tax dated 31.07.2023 issued by Central Board of Indirect Taxes and Customs (CBIC). 2. Secti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....or the goods as specified in the above notification. Through the said functionality, changes have been made in the system of filing of shipping bills and during amendment, with respect to the commodities mentioned in the Notification No. 01/2023-Integrated Tax dated 31.07.2023. Since IGST refund is paid at shipping bills level, the checks have been enabled at shipping bill level. 4. It may be n....