CUSTOMS Notification No 13 of 2018 dt 02nd February, 2018

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Notification no 13/2018 Customs date on 02nd February, 2018

Seeks to exempt Integrated tax and Goods and Services Tax compensation cess on imported goods from the whole of levy of Social Welfare Surcharge

 The extract of CUSTOMS Notification No. 13/2018- CUSTOMS is given below:

Notification No. 13/2018-CUSTOMS

13/2018-Customs dated 2 nd February 2018

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(Department of Revenue)

Notification No.13/2018- Customs

New Delhi, the 2^nd February, 2018

G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with clause 108 of the Finance Bill, 2018 (4 of 2018), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in the First Schedule to the Customs Tariff Act, 1975 ( 51 of 1975), when imported into India, from the whole of the Social Welfare Surcharge leviable on Integrated tax under sub-section (7), and Goods and Services Tax compensation cess under sub-section (9), of section 3 of the said Customs Tariff Act read with the said clause108 of the Finance Bill.

[F.No.334/04/2018 -TRU]

(Ruchi Bisht)

Under Secretary to the Government of India

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CGST Act Section 33 Amount of tax to be indicated in tax invoice and other documents.

CGST Act Section 34 Credit and debit notes

CGST Act Section 35 Accounts and other records

CGST Act section 36 Period of retention of accounts

CGST Act Section 37 Furnishing details of outward supplies

CGST Act section 38 Furnishing details of inward supplies

CGST Act Section 39 Furnishing of returns

CGST Act section 40 First return

CGST Act section 41 Claim of input tax credit and provisional acceptance thereof

CGST Act Section 42 Matching, reversal and reclaim of input tax credit

CGST Act section 43 Matching, reversal and reclaim of reduction in output tax liability

CGST Act section 44 Annual return

CGST Act section 45 Final return

CGST Act section 46 Notice to return defaulters

CGST Act Section 47 Levy of late fee

CGST Act section 48 Goods and services tax practitioners

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