Sub: Operational problems being faced by EOU in GST regime consequent to amendment in Notification no. 52\/2003-Customs dated 31-3-2003 – reg.
99\/2017 Dated:- 28-7-2017 Trade Notice
Customs
OFFICE OF COMMISSIONER OF CUSTOMS NS- IV
\nJAWAHAR LAL NEHRU CUSTOM HOUSE, NHAVA SHEVA
\nTAL: URAN, DIST. RAIGAD, MAHARASHTRA-400707
\nF.No. S\/12-Gen-82\/2015-16 AM(X) Date: 28.07.2017
\nPUBLIC NOTICE NO. 99\/2017
\nSub: Operational problems being faced by EOU in GST regime consequent to amendment in Notification no. 52\/2003-Customs dated 31-3-2003 – reg.
\nAttention 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.
\n2. EOUs are allowed duty f<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ule 5 of said IGCR, rules. They apprehend that the requirements may increase or change during this period of one year. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n riod upto 31-7-2017, the EOU\/EHTP\/STP units would have option to follow the procedure of Rule (5) of IGCR, rules or use procurement certificate for import of goods. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Sub: Operational problems being faced by EOU in GST regime consequent to amendment in Notification no. 52\/2003-Customs dated 31-3-2003 – reg.99\/2017 Dated:- 28-7-2017 Trade NoticeCustomsOFFICE 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 … Continue reading “Sub: Operational problems being faced by EOU in GST regime consequent to amendment in Notification no. 52\/2003-Customs dated 31-3-2003 – reg.”<\/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-7743","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/7743","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=7743"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/7743\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nc) Trade has also sought a clarification regarding 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 .
\nd) Trade has also requested to continue the procedure of procurement certificates for transitional period for import of goods by EOUs.
\n3. Matter has been examined by the Board and it has been decided and clarified vide aforesaid Board Circular that –
\ni. 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 Concession<\/p>\n
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\niv. The inter 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 wo<\/p>\n
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