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CBEC launches GST mobile app & invites suggestions on AIR Duty Drawback rates under GST

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CBEC launches GST mobile app & invites suggestions on AIR Duty Drawback rates under GST
Bimal jain By: Bimal jain
February 25, 2017
All Articles by: Bimal jain       View Profile
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Dear Professional Colleague,

CBEC launches GST mobile app & invites suggestions on AIR Duty Drawback rates under GST

Striving towards implementation of Goods and Services Tax (“GST”) from July 1, 2017, the Central Board of Excise and Customs (“CBEC” or “the Board”) has launched a mobile application for GST, in step with the government’s Digital India initiative.

Taxpayers can readily access a host of GST information such as:

  • Migration to GST-Approach and guidelines for migration
  • Draft Law-Model GST Law, IGST Law and GST Compensation Law
  • Draft Rules - Rules related to Registration, Returns, Payment, Refund and Invoice
  • Frequently Asked Questions (FAQs) on GST
  • Various resources on GST such a videos, articles etc.
  • Related Website Links
  • Helpdesk/Email Contact

The mobile application enables taxpayers to be well informed of the latest updates on GST. Taxpayers can also provide feedback and contact CBEC’s 24x7 helpdesk “CBEC Mitra” through a toll-free number or email, at the touch of a button.

The mobile application can be downloaded free of cost on Android platforms. The iOS version will be made available shortly.

Further, the CBEC vide letter F. No.  609/23/2017-DBK dated February 23, 2017, has invited suggestions from Export Promotion Councils/ Commodity Boards/ Trade and Industry Associations/ Chambers of Commerce on All Industry Rates (“AIR”) of Duty Drawback under the GST framework.

Suggestions in this regard can be submitted by March 15, 2017 via email sent to the mentioned id therein. Further, the list of Export Promotion Councils/ Commodity Boards/ Trade and Industry Associations/ Chambers of Commerce, have been specifically provided, who can submit the suggestions.

It is worthwhile to note that under GST, imports and exports of goods and services would be treated as Inter-State supply of goods or services and thereby, Integrated GST (“IGST”) would be payable along with Basis Customs Duty (“BCD”) on import of goods and IGST on import of services. It is likely that under GST, rate of Duty Drawback could be limited to the amount of BCD paid on imported inputs used for exported goods/services.

To access the letter, please click on the link below:

http://www.cbec.gov.in/resources//htdocs-cbec/draft-circ/suggestions-from-EPC.pdf

Hope the information will assist you in your Professional endeavours. In case of any query/ information, please do not hesitate to write back to us.

 

By: Bimal jain - February 25, 2017

 

Discussions to this article

 

This is really a good initiative from government. The assesse can gain knowledge of GST on move. If he/she cannot spare time from his/her busy schedule to learn new GST law proposed then this app would help them to read on the move anytime anywhere. Thanks.

Bimal jain By: Ganeshan Kalyani
Dated: February 28, 2017

 

 

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