If you import second-hand goods from abroad for your business and pay IGST, you can claim Input Tax Credit (ITC) on that imported IGST. This applies even when you subsequently sell these goods to a local dealer in Maharashtra and collect GST from them.
15 June 2023
If a person import of second hand goods from foreign country for business purpose.and paid igst to the government and sell goods in Maharashtra to local dealer and collect gst from dealer, in such case he can claim ITC on import Igst paid.
15 June 2023
If a person import of second hand goods from foreign country for business purpose.and paid igst to the government and sell goods in Maharashtra to local dealer, in such case he can claim ITC on import Igst paid?