Circular No 41 / 2017-Customs Implementing Electronic Sealing for Containers by exporters under self-sealing procedure prescribed by circular 26/2017-Cus dated 1st July 2017, circular 36/2017 dated 28.8.2017 and 37/2017 dated 20.9.2017 – reg. Circular No. 41 / 2017-Customs F. No: 450/08/2015-Cus.IV Government of India Ministry of Finance Dept. of Revenue Central Board of Excise and… Read More »
Circular no 36/2017 dated 28th August, 2017– Customs Central Government vide Circular no. 36/2017 dated 28th August, 2017– Customs has now prescribed the detailed procedure to be followed while electronic sealing of containers by exporters under self-sealing procedure. Note : Central government had previously issued Circular No. 26/2017-Customs dated 1st July, 2017 which provided for a simplified procedure for stuffing and sealing of… Read More »
Circular No 33/2017 Cus Dated 1st August 2017 Reference has been received in the Board regarding clarity on Leviability of Integrated Goods and Services Tax (IGST) on High Sea Sales of imported goods. 2. The issue has been examined in the Board. ‘High Sea Sales’ is a common trade practice whereby the original importer sells the goods to a third person before the… Read More »