The Synthetic & Rayon Textiles Export Promotion Council

Guidance Note for Importers and Exporters

Circular No.ES/97/2017-18                                                    July 04, 2017

To: Members of the Council

Sub: Guidance Note for Importers and Exporters

Dear Member,

Mumbai Customs has issued Public Notice No. 79/2017 dated 30.06.2017 by modifying Para 2.07(b) (Handbook of Procedure) - IEC Number Exempted Categories.

Attention of members of Trade is invited to the implementation of GST from 1St July, 2017.

Reference is also invited to Taxation Law (Amendments) Act, 2017 (18 of 2017), bringing out amendments in Customs and Central Excise legislations in alignment with GST implementation, various decisions in GST Council meeting , documentation of the same on CBEC Website and also the advisory issued by Member(Customs) vide D.O. letter dated 20.6.17 and subsequent PN. 71/2017 , 72 /2017 & 78 /2017 dated 23.06.2017, 27.06.2017 & 29 .06.2017 respectively of Zone-I Customs Mumbai, on Customs related matters on introduction of Goods and Service Tax regime.

The purpose of the guidance note is to bring clarity about the impact of GST, which would come into force with effect from 01.07.2017, for importers and exporters.

Members may kindly refer to the Public Notice No. 79/2017 for more information on the guidance note.

Thanking you,

V. ANIL KUMAR
EXECUTIVE DIRECTOR