GST ROLL OUT AND PREPARATION THEEOF
PUBLIC NOTICE NO. 138/2017 Dated:- 24-6-2017 Trade Notice
Customs
MINISTRY OF FINANCE, DEPARTMENT OF REVENUE
OFFICE OF THE COMMISSIONER OF CUSTOMS, CHENNAI-V
CUSTOMS HOUSE, NO. 60, RAJAJI SALAI, CHENNAI – 600001
F.N0. S.MISC/07/2017-MA-V
Dated: 24.06.2017
PUBLIC NOTICE NO. 138/2017
Subject : GST ROLL OUT AND PREPARATION THEEOF-REG
With the CST set to be rolled out on 1st July, 2017, the final phase of preparation for its implementation is In full swing. Customs too has a major stake In the early implementation of CST as IGST would begin to be levied on the imports from the very first day, the credit of which shell be available to the importers. Similar*, the refund on exports of goods is contingent upon filing of (a) Shipping bill accompanied by GST invoice and (b) Export Genera! Manifest. Hence there is immediate need for sensitizing Customs officers, trade and partner stakeholders to the changes imminent on the customs side.
Chan
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NER OF CUSTOMS
CHENNAI – V COMMISSIONERATE
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Document 1
Advisory on Customs related matters on introduction of Goods and Service Tax regime
Levy of Duties
1. Sub-section (1) of section 5 of the Integrated Goods and Services Act. 2017 states that
“Subject to the provisions of sub-section (2). there shall be levied a tax called the
integrated goods and services tax on all inter-State supplies of goods or services or both.
except on the supply of alcoholic liquor for human consumption, on the value determined
under section 15 of the Central Goods and Services Tax Act and at such rates, not
exceeding forty per cent., as may be notified by the Government on the recommendations of
the Council and collected in such manner as may be prescribed and shall be paid by the
taxable person:
Provided that the integrated tax on goods imported into India shall be levied and collected
in accordance with the provisions of section 3 of the Customs Tariff Act, 1975 on the value
as
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er section 5 of the
Integrated Goods and Services Tax Act, 2017 on a like article on its supply in India, on
the value of the imported article as determined under sub-section (8).
(8) For the purposes of calculating the integrated tax under sub-section (7) on any
imported article where such tax is leviable at any percentage of its value, the value of
the imported article shall, notwithstanding anything contained in section 14 of the
Customs Act, 1962. be the aggregate of
(a) the value of the imported article determined under sub-section (1) of section 14 of
the Customs Act, 1962 or the tariff value of such article fixed under sub-section (2) of
that section, as the case may be: and
(b) any duty of customs chargeable on that article under section 12 of the Customs
Act, 1962, and any sim chargeable on that article under any law for the time being in
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force as an addition to, and in the same manner as, a duty of customs, but does not
include the tax referred to in su
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on that article under section 12 of the Customs Act.
1962, and any sum chargeable on that article under any law for the time being in force
as an addition to, and in the same manner as, a duty of customs. but does not include
the tax referred to in sub-section (7) or the cess referred to in sub-section (9).
It is requested that the officers and the trade are kept well informed about the above
new levies and the levies that are being subsumed, replaced or repealed. In this
context, it is further requested that the fine-print of Taxation Laws (Amendment) Act,
2017 is read by 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
July 1st
Changes in Bill of Entry and Shipping Bill Forms:
Since new provisions for levy of IGST and GST compensation cess on imports have
been introduced under the Customs Tariff Act, 1975, Bill of Entry, Shipping Bill and
Courier Regulations and F
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paid on the imported
goods. Importers not registered with GSTN will be required to declare their PAN along
with their state code as per the Census of India. This is required for transfer of the IGST
paid by the non GST importers to the account of the “consumption” state. Diplomatic
organizations or UN bodies can quote their UIN issued by GSTN on the Bill of Entry.
In this regard, DGFT has also issued Trade Notice No. 09/2018 dated 12.06.2017
wherein it has been indicated that with regard to importer/exporter registered with
GSTN, importer/exporter would need to declare only GSTIN at the time of import and
export of goods and the importers who are not registered under GST would use their
PAN for imports. Changes have been made in the BE forms to capture details like
GSTIN, PAN, State code etc. of the importer. Similar changes will also be incorporated..
for imports at SEZ and imports through Courier. In case of Courier. OSTIN for GST
registered consignees or PAN for non-GST
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automatically calculate the levy on imported goods. The total IGST and
Compensation Cess paid will be published on every Bill of Entry which can be quoted
by the importer to claim the corresponding credit in the GST return.
EDI Shipping Bill:
7.
The Integrated Goods and Services Tax Act, 2017, under section 16 provides that
export of goods shall be zero rated supply and credit of input tax may be availed for
making zero-rated supplies, notwithstanding that such supply may be an exempt supply.
The section further lays down that a registered person making zero rated supply shall be
eligible to claim refund under either of the following options, namely:
(a) he may supply goods or services or both under bond or Letter of Undertaking,
subject to such conditions, safeguards and procedure as may be prescribed, without
payment of integrated tax and claim refund of unutilised input tax credit; or
Document 4
S.
9.
10.
(b) he may supply goods or services or both, subject to such c
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