Method of calculation IGST On imported goods
This query is : Resolved
30 December 2024
how to calculate IGST on Imported Goods.
Whether Aeessable value includes (CIF) =
Basic Customs Duty =
total vaue
Is IGST to be calculated on Total value.
Whether Aeessable value includes (CIF) =
Basic Customs Duty =
total vaue
Is IGST to be calculated on Total value.
30 December 2024
It is levied on the value of imported goods + any customs duty chargeable on the goods. Hence, IGST must be calculated after adding the applicable customs duty to the value of imported goods.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- TDS Claim year
- Rent lease agreement
- TDS Challan Code
- Relief u/s Section 89
- Supply through E-commerce Operators
- REGARDING SECTION 44AE
- E way bill for tractors
- SGST balance is there in credit ledger how to adjust for cgst
- Taxation on LTCG for property sold after 24JUL2024
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
