Igst related query for import of goods

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This query is : Resolved

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This discussion clarifies the process for paying GST on imported goods and claiming Input Tax Credit (ITC). When importing goods, IGST is payable to the customs department along with basic customs duty upon generation of the Bill of Entry. This paid IGST is then reflected in your GSTR-2B, allowing you to claim it as ITC.

deepak

deepak (Querist)

26 April 2022 How to gst payable and claim ITC of import of goods cases,
A)after bill of entry generation igst payable to custom department alongwith basic custom duty and claim ITC as per GSTR-2B reflect.
B) OR directly pay to the gst department and claim ITC under RCM??

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

26 April 2022 It's A)after bill of entry generation igst payable to custom department alongwith basic custom duty and claim ITC as per GSTR-2B reflect.

CA Puja Sharma

CA Puja Sharma (Expert)

26 April 2022 At the time of clearance of goods and BOE filing, IGST and customs duty have to be paid at the customs.
This IGST is reflected in your Form GSTR B from where you can take the ITC.

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