Case Study: Procedure to be followed for Activity of sending / taking the goods out of India for exhibition or on consignment basis (hereinafter referred to as said activity) for export promotion. Such goods sent / taken out of India crystallise into exports, wholly…
CBIC has issued Circular No. 19/2020- Customs dated April 13, 2020 for electronic communication of PDF based Gatepass and Out of Charge (OOC) Copy of Bill of Entry to Custom Brokers/Importers. I. Final Out of Charge (eOoC) Copy of Bill of Entry: As of…
Standard Operating Procedure (SOP) to be followed by exporters Exporters to follow SOP, Central Board of Indirect Taxes and Customs (CBIC) has issued a detailed circular on 23rd January, 2020 which reads as follows As you are aware, several cases of monetisation of credit…
Leviability of IGST on High Sea Sales of Imported Goods High Sea Sales (HSS): Where Original Importer sells the goods to a third person before the goods are entered for custom clearance. Custom Declarations: After the High sea sale of the goods, the Customs declarations…