Board Circular No,29/2017 -Customs dated 17.07.2017 on the Operational problems being faced by EOU in GST regime consequent to amendment in Notification No. 52/2003- Customs dated 31.03.2003
TRADE FACILITY NO. 08/2017 Dated:- 19-7-2017 Trade Notice
Customs
GOVERNMENT OF INDIA
MINISTRY OF FINANCE DEPARTMENT OF REVENUE
OFFICE OF THE COMMISSIONER OF CUSTOMS
CUSTOM HOUSE, WILLINGDON ISLAND, COCHIN-682009
F. No. C1/03/2016-TU. Cus.
Dated: 19.07.2017.
TRADE FACILITY NO. 08/2017
Subject: Board Circular No,29/2017 -Customs dated 17.07.2017 on the Operational problems being faced by EOU in GST regime consequent to amendment in Notification No. 52/2003- Customs dated 31.03.2003- Reg.
Kind attention of Exporters, Importers, Customs Br
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parate continuity Bond.
(ii) The EOUs may submit the information about estimated quantity and value of Goods to be imported, which is required as per Rule 5 of IGCR Rules, 2017, for any period less than one year and can give requirements for the subsequent period. There is also no provision in the said rule barring the units from making any additions/ modifications/ amendments to the information submitted.
(iii) For the transitional period up to 31.07.2017, the EOU/EHTP/STP units can either follow the procedure of Rule (5) of IGCR Rules or use Procurement Certificates for import of goods.
(iv) Inter Unit Transfer of goods would be on invoice, on payment of applicable GST but would be without payment of Customs Duty. The amount of such
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