Customs – 33/2017 – Dated:- 1-8-2017 – Circular No. 33/2017-Cus F.No.450/131/2017-CusIV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) New Delhi, dated the 1st August, 2017 All Principal Chief Commissioners/Chief Commissioners of Customs /Customs (Preventive), All Principal Chief Commissioners/Chief Commissioners of Customs and Central Excise/GST, All Principal Commissioners/Commissioners of Customs / Customs (Preventive), All Principal Commissioners/ Commissioners of Customs and Central Excise/GST. Sir /Madam, Subject: Leviability of Integrated Goods and Services Tax (IGST) on High Sea Sales of imported goods and point of collection thereof-reg. Reference has been received in the Board
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ier, all inter-state transactions are subject to IGST. High sea sales of imported goods are akin to inter-state transactions. Owing to this, it was presented to the Board as to whether the high sea sales of imported goods would be chargeable to IGST twice i.e. at the time of Customs clearance under sub-section (7) of section 3 of Customs Tariff Act, 1975 and also separately under Section 5 of The Integrated Goods and Services Tax Act, 2017. 4. GST council has deliberated the levy of Integrated Goods and Services Tax on high sea sales in the case of imported goods. The council has decided that IGST on high sea sale (s) transactions of imported goods, whether one or multiple, shall be levied and collected only at the time of importation i.e.
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