Transfer / sale of warehoused goods exigible to IGST; Customs duty payable at ex-bonding

CBEC clarifies that transfer / sale of warehoused goods by importer to any other person falls within definition of “supply” as per Section 7 of CGST Act, taxable in terms of Section 9 of CGST Act r/w Section 20 of IGST Act; Since any supply of imported goods which takes place before they cross customs frontier of India shall be treated as an ‘inter-state’ supply u/s 7(2) of IGST Act, such transaction of sale / transfer will be subject to IGST; Value of such supply sha...