Import of vehicles under Carnet-De-Passage - Customs - 08/2018

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE OFFICE OF THE COMMISSIONER OF CUSTOMS CUSTOM HOUSE, WILLINGDON ISLAND, COCHIN-682009 F. No. S 31/78/2018 Pr.Cus Date: 20.03.2018 TRADE FACILITY NO. 08/2018 Sub. :Import of vehicles under Carnet-De-Passage-reg. Attention of all stakeholders and the general public is brought to the duty free import of vehicles under Carnet-De-Passage vide the exemption notification No. 296/76-Cus dt. 02.08.1976. Notification No. 296/76-Cus dated 02.08.1976 exempts vehicles and components from Customs Duty under the First Schedule and Additional Customs Duty under Section 3 of the Customs Tariff Act, 1975, subject to conditions specified in the notification. Consequent to the introduction of GST w.e.f 01.07.2017, additional duty has been replaced by integrated tax . However, Notification 296/76-Cus has not been amended by incorporating the integrated tax . In the absence of exemption for IGST, the IGST part of the Customs duty is payable. Therefore, importers bringing vehicle under Carnet-De-Passage for tourist purpose is liable to pay IGST part of the Customs duty. Applicable refund / drawback under Section 74 of the Customs Act, 1962 can be claimed subject to compliance of procedure prescribed under Section 74 of the Customs Act, 1962 read with the Circular No. 21/2017-Cus dated 30.06.2017 . Reference has been made to the Board (CBEC) to solve the issue, the procedure prescribed above shall continue till receipt of clarification from the Board. SUMIT KUMAR COMMISSIONER OF CUSTOMS