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From July 1, declaration of valid GSTIN is Customs docs must to avail IGST credit on imports or GST refund on exports

Updated: Jun 12, 2017 06:46:44am
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From July 1, declaration of valid GSTIN is Customs docs must to avail IGST credit on imports or GST refund on exports

New Delhi, June 12 (KNN) Starting July 1, 2017, declaration of valid Goods & Services Tax Identification Number (GSTIN) in the Customs documents (BE/ SB) would be must to avail IGST credit on Imports or GST refund on exports.

“Declaration of valid GSTIN in Customs documents (BE/SB) would be mandatory w.e.f. 0000 hrs of 01-07-2017, the likely implementation date of GST, to avail IGST credit on Imports or GST refund on exports,” Central Board of Excise & Customs (CBEC) said in a notification.

The declared GSTIN would be validated for correct IEC/ PAN linkage.

Accordingly, during GSTIN registration, please ensure declaration of correct IEC and the same PAN [earlier registered with DGFT for getting IEC].

In case of any difference in PAN declared for GSTIN vis-Ã -vis the PAN declared for IEC registration, amendment of PAN in IEC may be undertaken immediately.

“All concerned may make use of the special drive by GSTN from 01-06-2017 to 15-06-2017 for updation of IEC in GSTIN,” CBEC said.

According to Clear Tax website, each taxpayer will be allotted a state-wise PAN-based 15-digit Goods and Services Taxpayer Identification Number (GSTIN).

The first two digits of this number will represent the state code as per Indian Census 2011. The next ten digits will be the PAN number of the taxpayer. The thirteenth digit will be assigned based on the number of registration within a state. The fourteenth digit will be Z by default. The last digit will be for check code.

COMMENTS

  1. Seair Exim
    Seair Exim 27/09/2017 10:53 AM

    Trading without India trade data will land you in a ship with slow speed. This data helps you find commodity wise export and import data. It gives detailing on the HS code, records, value and quantity with year and date. The India trade data should also provide the chapter-wise export and import data. Also must have the commodity-wise country wise details, and specific commodity country wise export import data. Must be carrying trade statistics, trade promotion details, acts and schemes and announcements related to export and import. India trade data should contain everything which is required to trade in India.

    Reply to this comment
  2. AVINASH GHAM
    AVINASH GHAM 29/07/2017 7:26 AM

    Pl let me know GSTIN NUMBER OF Indian Custom Indira Gandhi International airport

    Reply to this comment

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