9911796707
TMI BlogImplementation of GST in Customs - Changes in BE/SB DeclarationX X X X Extracts X X X X X X X X Extracts X X X X ..... tronic format for both BE/SB has already been published in ICEGATE Website (https://www.icegate.gov.in/msg guideline.html). The salient features of these changes in the format of the declarations are enumerated below for easy reference and compliance. Changes in Bill of Entry : 3. The Changes in Bill of Entry can be broadly listed as follows: a) Levy and Collection of IGST b) Declaration of CETH c) Identification of GST Beneficiary d) Seamless credit flow based on online reconciliation of IGST with GST return. 4. Levy and Collection of IGST : (i) The Taxable Value for calculation of IGST value is laid out as per Section 3(8) of the Customs Tariff Act. The IGST and GST Compensation Cess would be collected as Additional Duty of Customs under section 3(7) and 3(9) of the Customs Tariff Act. (ii) The IGST rates are going to be notified by Central Government through a Notification under Section 5 of IGST Act, 2017. The percentage rate of integrated tax in respect of goods specified will be in respective schedules. Similar is the case for GST Compensation Cess Schedule under Section 8(2) of GST (Compensation to States) Act, 2017. The importer shall have to quote the noti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed in CTX Table of the BE Declaration. In any case of non-availment of IGST, State Code along with one of the other Identity proof listed below needs to be provided, so as to enable apportionment to the respective states. Description GSTIN-Imp. Regn_Type Type of IEC to be declared GST Benefit (1) (2) (3) (4) (5) GSTIN Normal G TP,CMP,CAS,ISD,NR,TDS, Individual Yes GSTIN Govt O GOV Generic IEC of Govt. Yes GSTIN UN D UN Generic IEC of Diplomats Yes Aadhaar A Indivi./Generic No Passport P Indivi./Generic No PAN O Indivi./Generic No TAN T Indivi./Generic No To summarize, Every Importer needs to declare their State of Destination as State Code, GST Type as in Column (2) and GSTIN/Identification Code in their Bill of Entry. It may be noted that benefits of Credit flow can happen only when GSTIN is quoted correctly and is matched with GSTN; Valid or active Provisional ID can be quoted in lieu of GSTIN. However, credit would flow only when the same Provisional ID is used to file returns. 7. Seamless Credit flow based on Online Reconciliation of IGST with GST Return: In the Pre-GST Era, physical copy of Bill of Entry needs to be submitted to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted tax and claim refund of such tax paid on goods or services or both supplied. 10. Under the GST Laws, taxpayers would be filing their outward supply returns on GSTN for all the supplies made by them including exports. For exports, they will be required to quote the Shipping Bill and export invoice details which shall be validated by the Customs EDI system. The confirmation of the export by Customs shall be made once the EGM is filed and closed (in case of 'CDs. it should be Gateway EGM„ not train Summary). Based on this validation only the taxpayer (exporter) shall be granted refund of the IGST paid by him on the exported goods. This validation shall also act as the proof of export in case the exporter has made the supply under bond or LUT without payment of IGST. For facilitating the above, Shipping Bill forms have also been modified to capture the necessary details. 11. GSTIN Entity identification: To avail IGST Benefits on Exports, declaration of State Code and GSTIN in Shipping Bill is mandatory. The same needs to be added in SB Main Table of the SB Declaration. In any case of non availment of IGST, State Code along with one of the other Identity proof listed bel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on of Taxable Value and IGST paid. The refund of IGST shall then be limited to the IGST paid on the goods actually exported, i.e. ₹ 44,400 in the above illustration. 14. Export Invoice & Item: Export invoice should be compliant to GST Invoice Rules (not exceeding sixteen characters containing only alphabets, numerals and two special characters ( "/" and "-"). The export invoice should be issued by the supplier cum exporter in compliance with the GST Invoice Rules. It may also be noted that as per the GST Invoice Rules, in case of export of goods or services, the invoice shall carry an endorsement "SUPPLY MEANT FOR EXPORT ON PAYMENT OF INTEGRATED TAX" or "SUPPLY MEANT FOR EXPORT UNDER BOND OR LETTER OF UNDERTAKING WITHOUT PAYMENT OF INTEGRATED TAX", as the case may be, and shall also contain the following details: (i) name and address of the recipient;(ii) address of delivery; and (iii) name of the country of destination. Other details to be given in the invoice table of the Shipping Bill shall include Third Party remittance details as per RBI requirements, Terms Place(INCOTERMS), End Use (as per the codes available in Imports)etc., as the case may be. The End Use of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... would be allowed to entered afresh during assessment, only if the same is blank. The GSTIN Identifier cannot be modified at later stages. 18. List of End Use Codes and their description: End Use Code End Use Description DCA100 For Veterinary Medical Use as a Non-Food Product under Controlled Distribution (Trading) DCH100 For Human Medical Use as a Non-Food Product under Controlled Distribution (Trading) DCH300 For Human Medical Use as a Transplanted Organ, Tissue, or Fluid DCH400 For Human Medical Use as a Non-Food Product under Controlled Distribution DCH800 For Research use a human medicine DCX200 For manufacture/processing as a human or veterinary medicine (Manufacture/Actual Use) DCX900 Drugs & Cosmetics -For personal consumption FSA100 For Animal Food or Feed (Trading/ commercial distribution) FSA200 For manufacture/processing as a Animal Food/Feed (Manufacture/Actual Use) FSA800 For use research use as animal Food FSA900 Foods & Supplements -For Personal use FSH100 Food - For Consumer use under commercial distribution (Trading)- Retail or wholesale FSH200 Food - For manufacture/ commercial Processing (Manufacture/Actual Use) FSH700 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
