New Advisory for Importers to avail benefit of IGCR Rules (Import of Goods at Concessional Rate of duty) has been issued by government. The question is which type of imports and duty exemption are cover under this rule? Does the import under ...Read more
New Advisory for Importers to avail benefit of IGCR Rules (Import of Goods at Concessional
Rate of duty) has been issued by government.
The question is which type of imports and duty exemption are cover under this rule?
Does the import under C. O. O. concession of import duty also have to fulfill this rule? or it’s only for import under advance authorization scheme?
Is it also applied on goods, which has confessional rate of custom duty by general notifications with or without any conditions?
If any user has the info about same then please help to clear these doubts for rest of users and trade.
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Public notice no 2018 for Adhock exemption Sir, there are no such exemption notification for compensation cess as per my knowledge (please correct me if any there, or received in future, or provided by any other user), The cess will be exempted if the IGST are exempted on any goods or services. so iRead more
Public notice no 2018 for Adhock exemption
Sir, there are no such exemption notification for compensation cess as per my knowledge (please correct me if any there, or received in future, or provided by any other user),
The cess will be exempted if the IGST are exempted on any goods or services. so if the goods under 8903 imported by ASIAN GAMES WINNER SPORT PERSON IS IMPORTED RELATED SPORTS GOODS FOR PERSONNEL USE, and if its covered under 100% IGST exemption then the cess will also exempted.
if you check the above attached copy of Public notice fyr. you can follow the link and resources for apply to exemption.
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