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Customs duty

This query is : Resolved 

05 April 2018 sir what is the entry for customs duty under gst . can i claim igst in customs duty payment and what is the entry

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Guest

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Guest (Expert)
05 April 2018 Entry for Customs duty:
Customs duty expense Dr.
To Bank

Yes, you can claim IGST credit on further sale of goods.
Entry is:
IGST credit Dr.
To Bank


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