Import good related ITC


This query is : Resolved 

Quick Summary
A business importing surgical instruments via FedEx and paying 12% IGST can indeed claim this as Input Tax Credit (ITC). This applies when the imported goods are resold without modification to clients in Maharashtra. The IGST amount paid should be reflected in your GSTR-2B on the portal, allowing you to claim it.

20 May 2024 Our one client dealing with surgical instruments business, he imported of goods through FedEx courier and paid IGST 12% at the time of import of goods to the government, and he is resell imported goods without any changes to Maharashtra clients. Query is that Now Can he claim imported goods IGST amount as per GSTR-2b reflected on portal?

20 May 2024 Yes, why not...?? He can claim such ITC.

20 May 2024 Thank you for your reply


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