Itc
This query is : Resolved
02 November 2017
Can we take ITC and refund against import.
02 November 2017
Yes, you can take input credit on imports.
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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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