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Clarity required on Export and Imports of EOU units under GST Regime.

Goods and Services Tax - GST - By: - R.S. Mangal - Dated:- 17-7-2017 Last Replied Date:- 19-7-2017 - Under the regime of Central Excise and Customs, the 100% EOU s have been exporting their products directly as well as through Merchant Exporters. Further, they were also procuring inputs/ Capital Goods without payment of duty in terms of exemption Notification No. 22/2013-CE dated 31.03.2013 and 52/2003-Cus dated 31.03.2003 as amended. CLARIFICATION FOR BOND FOR IMPORT IS NEEDED IMMEDIATELY In ol .....

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h July, 2017 the issues related to Bond/ Letter of Undertaking for Exports without payment of Integrated were clarified. But, the said circular is silent on issue of Bond for duty free (BCD) Import of inputs / Capital Goods etc. by 100% EOU as these units now are not allowed by the GST Officers to import under B-17 Bond. In terms of new requirement of exemption Notification No. 52/2003-Cus as amended by Notification No. 59/2017-Cus, EOU unit is required to follow the procedure prescribed under r .....

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-GST dated 07.07.2017, because the units would require some time for completing the formalities for execution of such Bond. The format of Continuity Bond as available in Customs law is meant for Provisional Duty Bond, question is whether it requires any amendments or modifications to suit the EOU requirement. Whether the said Bond to be furnished for Imports is a running Bond (with debit / credit facility) or a One-time Bond (separate Bond for each consignment / Import)? Whether said Bond is req .....

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risdictional Deputy / Assistant Commissioner of GST. Kind attention is drawn to the Circular No. 25/2017-Cus dated 30.06.2017? Whether procurement certificate( Annexure) still to be issued by GST official for duty free ( BCD) free import as beore? II CLARIFICATION FOR EXPORTS THROUGH MERCHANT EXPORTERS Under the erstwhile Central Excise Regime read with FTP provisions the 100% EOU could export their products through Merchant Exporters without payment of duty, provided the goods were directly exp .....

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he premises of EOU unit under their Bond ? In case such Export are not allowed without payment of duty then what duty is to be charged ? whether it will be only IGST ? or Whether it will be Aggregate of Customs Duty i.e. BCD + Ed Cess + SHE Cess + IGST? Or whether it will be IGST + Duty of BCD forgone on Inputs involved on such exported products ? In case, the duty components on such exports comprises BCD element then how the Merchant Exporter would get Refund of such component because as per th .....

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