GST
TRT-2025-
Date:-08-06-23
In:-
Issue Favourable to Tax Payer ?:-
Trade Notice No. 07/2023-24 dated 08.06.2023
Key Pointers –
- Customs has issued the Circular No.16/2023 dated 7th June 2023 to carry forward the directions given by the Hon'ble Supreme Court of India in the judgment dated 28.04.2023 in matter of Civil Appeal No. 290 of 2023 (UOI and others vs. Cosmo Films Ltd.) relating to mandatory fulfilment of pre-import condition' incorporated in para 4.14 of FTP 2015-20 vide the Central Government (DGFT) Notification No. 33/2015-20 dated 13.10.2017 and reflected in the Notification No. 79/20 17 Customs dated 13.10.2017, relating to Advance Authorization scheme.
- It is informed that all the imports made under Advance Authorization Scheme on or after 13.10.2017 & upto and including 09.01.2019 which could not meet the pre-import condition may be regularized by making payments as prescribed in the Customs Circular."
- Further, all the Regional Authorities are requested to proactively guide the Trade and Industry regarding this, and any difficulty may be brought to the notice of this Directorate.
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