Import duty benefits available on Advance Authorization scheme under GST

  

Changes on duty exemptions on AA scheme under GST regime

  

Import duty benefits available on Advance Authorization scheme under GSTA brief idea about AA scheme under GST regime is explained here.

 

Let us discuss about Import duty benefits available on Advance Authorization scheme under GST.

 

What are the advantages available on imports under AA scheme on implementation of GST?Does all benefit exist on implementation of GST? Are there any changes in exemption of paying safeguard duty, antidumping duty etc.?

 

According to GST Law, under GST regime, Advance Authorization holders would continue to get the exemption from payment of the Basic Customs Duty, Safeguard Duty, Transitional Product Specific Safeguard Duty, and Antidumping Duty. And for items specified in Fourth Schedule to Central Excise Act 1944 (specified petroleum products, tobacco etc.) exemption from Additional C Duty leviable under Sections 3(1), 3(3) and 3(5) of the Customs Tariff Act, 1975 will also be available.However, there is one major change. Now an Advance Authorisation holder will have to pay IGST at the time of imports. He can take input Tax Credit (ITC), and after export, claim refund of any unutilized input tax credit at the end of tax period.

 

 

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Advance Authorization Scheme (AAS) Foreign Trade Policy 2015-20, Any changes in Advance Authorization Scheme?

 

 

Guidelines to execute Bank Guarantee, Legal under Taking for EPCG and Advance Authorization

 

Action on default in export obligation under the Advance or EPCG authorizations

 

FTP 2015-20, Changes in Schemes of reward or incentive, advance authorization or DFIA, EPCG or post export EPCG

 

Impact of GST implementation on Advance Authorization scheme for exporters in India.

 

Conditions to sell in DTA under GST regime

Is GST payable on supplies to Export Oriented Units?

Is free import of capital goods allowed to EOU against Procurement certificate?

Is IGST paid on imports by EOU is refundable?

Is Basic Duty payable by EOU after GST implementation?

Is EOU required to pay IGST on imports?

Any operational change of SEZ scheme after GST

Should an EOU pay GST on imports?

What type of duties can be paid using MEIS or SEIS scrips now?

Can SEIS scrips be used to pay customs duty against import of GST items?

GST and SEIS

MEIS and GST

Can MEIS scrips be used to pay customs duty against import of GST items?

When does exporter get refund of GST paid?

What are the GST refund options available to the exporters?

 

Click here to know GST rate payable for goods or service

Click here to know GST exemption list of goods and service

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your goods?

How to get Export Order?

GST Registration Guidelines

Service Tariff Code for GST

 

Click here to know India Trade Classification(ITC)
Pre shipment bank finance to suppliers for exports through other agencies
Types of export containers
Measurement of export containers
Exim Policy of India 2015-2020
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports
Export procedures and documentation

 

 

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