ICES Advisory 11\/2018 (Budget Changes) – Implementation of revised Assessable value for IGST & GST Cess calculation
23\/2018 Dated:- 2-4-2018 Trade Notice
Customs
OFFICE OF THE COMMISSIONER OF CUSTOMS
\nCHENNAI VIII (GENERAL)
\nCUSTOM HOUSE, NO.60 RAJAJI SALAI, CHENNAI – 600 001
\nTelephone: 25254444 – FAX: 25224622
\nwww. chennaicustoms. gov. in
\nF.No.S.Misc.09\/2018 Sys Unit
\nDated: 02\/04\/2018
\nPUBLIC NOTICE. 23\/2018
\nSub: ICES Advisory 11\/2018 (Budget Changes) – Implementation of revised Assessable value for IGST & GST Cess calculation Reg.
\n***********
\nKind reference of Importers\/ Customs Brokers is invited to amendments introduced in Finance Bi 1,2018 to introduce new sections 3(8A) and 3(10A) of Customs Tariff Act, 1975 to determ<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n se may be and the sale price declared above and calculate the IGST 8s GST Compensation cess accordingly. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" ICES Advisory 11\/2018 (Budget Changes) – Implementation of revised Assessable value for IGST & GST Cess calculation23\/2018 Dated:- 2-4-2018 Trade NoticeCustomsOFFICE OF THE COMMISSIONER OF CUSTOMS CHENNAI VIII (GENERAL) CUSTOM HOUSE, NO.60 RAJAJI SALAI, CHENNAI – 600 001 Telephone: 25254444 – FAX: 25224622 www. chennaicustoms. gov. in F.No.S.Misc.09\/2018 Sys Unit Dated: 02\/04\/2018 PUBLIC NOTICE. 23\/2018 … Continue reading “ICES Advisory 11\/2018 (Budget Changes) – Implementation of revised Assessable value for IGST & GST Cess calculation”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15519","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/15519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15519"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/15519\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n4. As the President has given assent to the Finance Bill 2018, the above change would be effective from 29.03.2018. Hence, Importers\/ Customs Brokers are hereby requested to submit the Ex-Bond BE with proper code as mentioned above in the RSP table in the case of goods sold to other person during the period of warehousing.
\n5. The above procedure may be followed carefully and difficulties, of any, may be brought to the notice of Joint Commissioner (Systems) by email to (Authority: Finance Bill 2018 and ICES Advisory 11\/2018( Budget Changes) – Implementation of revised Assessable value for IGST & GST Cess calculation
\n(Dr. ANIL K. NIGAM)<\/p>\n
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