High sea sale -IGST CLAIM AS INPUT OR NOT BUYER
This query is : Resolved
24 March 2021
SIR, MY QUERY IS IN HIGH SEA SALES CAN ORIGINAL BUYER TAKE ITC IN GST. I MEANS SIR , A=IMPORTER B=ORIGINAL BUYER & BILL OF ENTRY IN THE NAME OF ORIGINAL BUYER, ORIGINAL BUYER PAID IGST IN CUSTOM. CAN ORIGINAL BUYER TAKE IGST INPUT IN GST OR NOT AND IS THERE ANY RULE OR Clarification/NOTIFICATION?
CA R SEETHARAMAN
(Expert)
24 March 2021
Yes, original buyer can take ITC as he only paid IGST. This IGST payment will appear in GSTR 2A.
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