Redoing laws for the GST regime

The government has introduced a Taxation Laws (Amendment) Bill in the Lok Sabha, to amend the Customs Act, 1962; the Customs Tariff Act, 1975; the Central Excise Act, 1944; the Finance Act, 2001; and, the Finance Act, 2005. And, to repeal certain enactments. The idea is to ensure these changes when the Goods and Services Tax (GST) laws come into force.

The Customs Act will be amended to include 'warehouse' in the definition of ‘Customs area’, to ensure an importer would not be required to pay the proposed Integrated GST at the time of removal of goods from a Customs station