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ICES Advisory 11/2018 (Budget Changes) - Implementation of revised Assessable value for IGST & GST Cess calculation

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..... 9/2018 Sys Unit Dated: 02/04/2018 PUBLIC NOTICE. 23/2018 Sub: ICES Advisory 11/2018 (Budget Changes) - Implementation of revised Assessable value for IGST GST Cess calculation Reg. *********** Kind 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 de .....

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..... IGST 8s GST Compensation cess accordingly. 4. 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. 5. The above procedure may .....

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