Import of goods for own factory
This query is : Resolved
07 October 2018
An importer is importing goods from a foreign country as a raw material for manufacture in his own factory. Is there any procedure by which he can import goods by paying reduced rate of import duty under the GST regime. He was advised that reduced rate of import duty will only be applicable if he obtains a certificate from his GST officer stating that these goods are being imported for own use and not for sale. Is this correct
07 October 2018
This is not correct. Claim ITC on imported raw materials consumed.
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