GST roll out and preparation thereof - Customs - FACILITY NOTICE NO. 08/2017

OFFICE OF THE COMMISSIONER OF CUSTOMS (EXPORT) AIR CARGO COMPLEX, SAHAR, ANDHERI (E). MUMBAI - 400 099 F. No. S/3-Misc-17/2016-17 E T(X)ACC Date: 28.06.2017 FACILITY NOTICE NO. 08/2017 Sub: GST roll out and preparation thereof. With the GST set to be rolled out on 1st July 2017, the final phase of preparation for its implementation is in full swing. Customs too has a major stake in the early implementation of GST as IGST would begin to be levied on the imports from the very first day, the credit of which shall be available to the importers. Similarly, the refund on exports of goods is contingent upon filing of (a) shipping bill accompanied by the GST invoice and (b) export general manifest. Changes in Customs law and procedure are accompanied by changes in the EDI system so as to effectively implement the IGST law from 01.07.2017. The changes are broadly in the following areas: Levy of duties-IGST and Compensation Cess (wherever applicable) to be levied on imports. Changes in Bill of Entry and Shipping Bill forms- To capture additional details required for validation with GSTN in case of IGST refund claims (export) or availability of IGST credit (Import) Procedure in respect of manual filing of Bills of Entry and Shipping Bills-To electronically capture basic data required for validation with GSTN on imports and exports. Readiness of Customs administration and the trade shall be crucial for the smooth roll out of GST. In this regard, an Advisory is attached herewith with details on the above changes for the benefit of trade. All concerned are requested to go through the Advisory carefully. Advisory can be downloaded from the CBEC website cbec.gov.in and Air Cargo. Complex website www.accmumbai.gov.in/aircargo. Any difficulty may be reported to Additional Commissioner of Customs, Air Cargo Complex (EXPORT),Mumbai. (S. ANANTHNA KIRSHNAN) COMMISSIONER OF CUSTOMS, ACC, SAHAR, MUMBAI