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Itc

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(Querist)
02 November 2017 Can we take ITC and refund against import.
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Udaya Chandran

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Udaya Chandran (Expert)
02 November 2017 Yes, you can take input credit on imports.
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CA_Suhani

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CA_Suhani (Expert)
02 November 2017 ITC of only IGST amount can be availed. However, any Basic Custom Duty and Cess paid upon the same shall not be eligible for Input Tax credit under IGST.




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