Customs duty

256 views
User Avatar

student
26 Points Posted on 02 February 2020
can customs duty be paid using GST input tax.
0 Reply Share Follow
On 02 February 2020 at 23:31 Report
Replies (3)
Quick Summary
This discussion clarifies whether GST input tax can be used to pay customs duty. While basic customs duty (BCD) cannot be paid this way, specific sections of the Customs Act, namely 3(7) and 3(9), do permit the utilisation of IGST input tax credits for certain customs duty payments.

User Avatar

Studwnt
1141 Points Posted on 03 February 2020
3(7) and 3(9) can. be used but only through IGST INPUT
Reply
On 03 February 2020 at 10:01
User Avatar

student
26 Points Posted on 03 February 2020
Thanks roshini , above sections are of customs tariff act right
Reply
On 03 February 2020 at 10:56
User Avatar

Studwnt
1141 Points Posted on 03 February 2020
Yes they are from customs act...for BCD you cannot but the 3(7) and 3(9) you can utilize you igst ITC.
Reply
On 03 February 2020 at 11:30

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading