GST Circular 46/2017 dated 24.11.2017 on Warehoused Goods Rescinded along with 03/01/2018/IGST dated 25.05.2018

[Circular No. 04/2019-Customs dated 1 February 2019]

Subject: Rescinding Board Circular No. 46/2017-Customs dated 24th November, 2017

Kind attention is invited to Board Circular No. 46/2017-Customs dated 24th November, 2017, clarifying the applicability of IGST/GST on goods transferred/sold while being deposited in a warehouse. The said Circular was superseded by Circular No. 03/01/2018-IGST dated 25 h May, 2018 w.e.f. opt April, 2018.

2. Circular No. 03/01/2018-IGST dated 25.05.2018, ts being rescinded with effect from 01.02.2019.

3. It is therefore clarified that the Circular No. 46/2017-Customs dated 24th November, 2017 stands rescinded on the date of supersession by Circular No. 03/01/2018-IGST dated 25th May, 2018 i.e. w.e.f. opt April, 2018.

4. Clarification required, if any, may be sought from the Board.

F. No: 473/10/2017-LC