Input tax credit
This query is : Resolved
11 November 2017
We have received shipment from China from unregistered dealer. I think all imported vendors will come under un-registered category. Now during arrival custom duty was imposed & also 10% Anti dumping duty.
in addition to that they have charges IGST@18%. we have given our GST No. It is there in Bill of Entry also.
Can we claim Input Tax Credit?
Please let me know from our dear members.
Thank u
Vinod
in addition to that they have charges IGST@18%. we have given our GST No. It is there in Bill of Entry also.
Can we claim Input Tax Credit?
Please let me know from our dear members.
Thank u
Vinod
11 November 2017
Yes input tax credit can be claimed on IGST 18% paid.
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11 November 2017
You can avail credit of only IGST paid at the time of Import as per Bill of Entry. Credit of Basic Custom Duty and Anti Dumping duty not available
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21 December 2017
Sir, in order to get Input Credit who will upload. will the customs department do it ? otherwise we will be losing it.
22 December 2017
Customs department will not upload you have to upload it in under reverse charge.
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