CBEC issues advisory reflecting changes in Customs law & procedure under GST

CBEC issues advisory to Chief Commissioner/Director General on readiness of Customs administration and trade for smooth rollout and implementation of GST; States that effectively on July 1, all imported goods shall attract IGST and (Compensation Cess wherever applicable) in addition to Customs duties such as BCD etc., but levy of CVD and SAD shall cease to exist on imported goods other than those on which central excise duty / VAT continues; Since new provision...