GST Changes Don't Affect Advance Authorization Benefits, But Importers Face Cash Flow Issues Due to IGST Exemption Removal.
Case-Laws
Customs
Import Policy after GST – Even by not allowing exemption of IGST at the time of import, no benefit in the AA scheme is altered by the Government, though collateral costs get fastened on the petitioner and the likes by way of blockages in cash flow and attendant interest liabilities. And clearly, it is a matter of public policy.
TMI Updates – H
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