Custom
TRT-2025-
Date:-01-01-70
In:-
Issue Favourable to Tax Payer ?:-
Trade Notice No. 27/2023 dated 25th September, 2023
Key Pointers –
- Clarifications has been issued in determining the treatment to be given for certain export-import scenarios in respect of Advance Authorisations issued in the period between 13.10.2017 to 09.01.2019.
- In case Advance Authorizations under which exports have been made the period 13.10.2017 to 09.01.2019 and the import is made on or after 10.01.2019, Pre-import condition will not be considered to have been violated.
- Pre-import condition will not be applicable for Advance Authorizations issued on or prior to 09.01.2019. If the import under Advance Authorization were partly made up to and including 09.01.2019 and partly made on or after 10.01.2019, then the import made on or after 10.01.2019 will not be subject to pre-import condition.
- The pre-import condition will not be applicable irrespective of date of import if IGST and Compensation cess were paid for imports made under Advance Authorisation.
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