banner_ad

Whether gst need to collect on sell of import goods

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 May 2018 Sir,

I Import Stone chip from Bhutan and there after paid 5% IGST on custom.
Now i am confuse whether at the time of selling this product i have to collect gst from customer .
And again has to be paid to govt as already i have paid to govt at the time of Import.
Please suggest.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
09 May 2018 Raise tax invoice with 5% GST on sale value, collect GST from customer and pass on ITC on imports. Claim ITC on IGST paid on imports while paying to Govt GST on sale invoice.
Profile Image

Ashim kr Ray

Profile Image

Ashim kr Ray (Querist)
09 May 2018 Sir,

After long days got reply from yourside.
Profile Image

Ashim kr Ray

Profile Image

Ashim kr Ray (Querist)
09 May 2018 Sir,

The amount of gst at the time of purchase which is paid to custom office will it be reflect in 2A of GST
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
09 May 2018 No file gstr 3b and gstr 1 include the payment under RCM import.
Profile Image

Ashim kr Ray

Profile Image

Ashim kr Ray (Querist)
10 May 2018 Sir
Whether RCM is applicable from Import of goods.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
10 May 2018 Yes RCM applicable on import of goods. IGST payable along with customs duty while customs clearance.
Profile Image

Ashim kr Ray

Profile Image

Ashim kr Ray (Querist)
19 September 2018 Sir,
As RCM has been suspended still RCM has to be shown in Import goods.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
19 September 2018 RCM not suspended for import it's payable at the time of customs clearance along with customs duty.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details