banner_ad

Customs duty gst : input credit

393 views 4 replies

Hi All,

I import goods from china in small quantities and sell in india. I pay Chinese sellers through my indian bank debit card. When I contact my bank regarding this they said they will file Bill Of Entry only when paid through WIRE transfer. not through debit card or any other means

In this case can I claim GST paid in Bill Of Entry while filing monthly returns under Import Goods head?

Replies (4)

Dear Devendra.

If you file the Bill of Entry for clearnce of your Imported goods from Indian Customs you can claim IGST paid at the time of clearance of the goods from Indian Customs.

Dear Devendra.

If you file the Bill of Entry for clearnce of your Imported goods from Indian Customs you can claim IGST paid at the time of clearance of the goods from Indian Customs.

Dear Malay, Thanks for your clarification. Yes we file and get bill of entry for clearing imported goods. So, mode of payment is not an issue.

In claiming IGST mode of payment is no issue.Issue is IGST payment like you pay IGST and claim for the same if you donot opay IGST you can not claim for the same.Through which mide you are paying price to the supplier is not an issue.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
CHARTERED ACCOUNTANT ARTICLE ASSISTANT

KPRS And Associates

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details