Customs – 99/2017 – Dated:- 28-7-2017 – OFFICE OF COMMISSIONER OF CUSTOMS NS- IV JAWAHAR LAL NEHRU CUSTOM HOUSE, NHAVA SHEVA TAL: URAN, DIST. RAIGAD, MAHARASHTRA-400707 F.No. S/12-Gen-82/2015-16 AM(X) Date: 28.07.2017 PUBLIC NOTICE NO. 99/2017 Sub: Operational problems being faced by EOU in GST regime consequent to amendment in Notification no. 52/2003-Customs dated 31-3-2003 – reg. Attention of all the importers, Exporters, Customs Brokers, and other stake holders is invited to the Board Circular No. 29/2017-Cus dated 17.07.2017 on the above subject. 2. EOUs are allowed duty free import of goods under notification No.52/2003- Custom, dated 31-3-2003. However, in view of GST, the said notification has been consequently amended by notificat
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
g inter unit transfer of goods from one EOU to another, which was supported by procurement certificate (PC) in view of Circular no. 35/2016 -Custom dated 29-7-2016 . d) Trade has also requested to continue the procedure of procurement certificates for transitional period for import of goods by EOUs. 3. Matter has been examined by the Board and it has been decided and clarified vide aforesaid Board Circular that – i. The B-17 bond, being a general purpose running bond will serve the requirement of continuity bond to be submitted under Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, and therefore EOU/STP/EHTP units are not required to submit separate continuity bond. ii. It is also clarified that the requirements of inform
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
nter unit transfer would be on invoice on payment of applicable GST taxes. However, such transfer would be without payment of custom duty. The supplier unit will endorse on such documents the amount of custom duty, availed as exemption, if any, on the goods intended to be transferred. The recipient unit would be responsible for paying such basic customs duty, as is obligated under Notification no. 52/2003-Cus dated 31-3-2003 (as amended), when the finished goods made out of such goods or such goods are cleared in DTA. The circular no. 35/2016 -Custom dated 29-7-2016 would stand amended to the extent that no procurement certificates would be required for inter- unit transfer. 4. The earlier Public Notices issued in this regard as mentioned a
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =