GST and its impact on Foreign Trade/ Impact on Cus

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If I am not wrong SAD and CVD will be removed so, request eh experts to give a clear picture on import duties more  

Dear Pankaj Srivastava, The customs law remains the same. The Excise and additonal duty is replaced by IGST and CGST and the importer can take credit of the IGST and CGST subject to rules of ITC. DDBK and proceedure for claim remains as it is.The DDBK rates will be periodically modified based on inputs/survey. As regards Exports,this attaracts IGST and the IGST is refunded by Government. The exporter has option of exporting without IGST provided LUT/Bond as per GST RFD 11 is filed. more  

Dear SK Vikramani, I agree with you..We shall discuss technical issues in the circle to enlighten the group. However posting by Sri Ramamurthy need not be considered as a politically motivated posting. more  

The implementation of the GST was opposed by the then opposition consisting of the present rulers. Lets not make it a political circle who initiated who opposed. Let the circle be remained as technical to seek queries and find out solutions or may be as an advocacy part for further betterment of the GST vis-a-vis the citizens issues. Yes it is also true that the GST being charged in the Restaurants is 18% whether it is Dosa/Idli Vada or something else to dine. These are the rates and not the hiccup of the software. more