IGST on Import on DDP shipment.
This query is : Resolved
Umesh Kulal
(Querist)
25 February 2021
Dear Experts
Pls. clarify below two point on Import IGST ITC availment.
1) Whether we can avail ITC even in case where we have not paid the Duty but BOE in our name (Material received on DDP basis where duty paid by vendor but we have to do payment against vendor invoice)..?
2) Whether ITC can be availed on FOC material where duty paid by vendor and material also received on FOC basis..?
I looking forward experts view on above.
Thanks & Regards
Umesha
Pls. clarify below two point on Import IGST ITC availment.
1) Whether we can avail ITC even in case where we have not paid the Duty but BOE in our name (Material received on DDP basis where duty paid by vendor but we have to do payment against vendor invoice)..?
2) Whether ITC can be availed on FOC material where duty paid by vendor and material also received on FOC basis..?
I looking forward experts view on above.
Thanks & Regards
Umesha
CA R SEETHARAMAN
(Expert)
25 February 2021
Bill of entry in your name and IGST paid in your name, so you can avail ITC on IGST paid.
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