IGST AND CESS EXEMPTION UNDER Import ( EPCG Scheme)
This query is : Resolved
02 December 2021
Dear sir,
Kindly advise,
if captial good imported under EPCG scheme, we need to pay IGST/Cess.
if it is exempted, kindly provide notification details
Kindly advise,
if captial good imported under EPCG scheme, we need to pay IGST/Cess.
if it is exempted, kindly provide notification details
CA Altamush Zafar
(Expert)
02 December 2021
Usually in imports GST is to be paid at the of import and is charged by custom authorities. But if imported under EPCG, then at the time of import at the custom station no duty/GST has to be paid.
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