gst on imports

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can any one tell what is that thing we have to see while auditing pur from other contries


how gst can we effected


gst paid cam take itc
Replies (2)
ya sure u can claim itc on impirts of good
Originally posted by : Rajanikanth
can any one tell what is that thing we have to see while auditing pur from other contries how gst can we effected gst paid cam take itc

Vouching of Purchase from Outside Country

Step-1  Check whether P.O. ( Purchase Order ) raised against Import Purchase. 

Step-2  Check Whether P.O. raised as per Quotation & Latest Agreement.

Step-3  Check Bill of entry also attached with purchase voucher and GST input credit not more than show in Bill of entry.

Step-4  Check Material Receipt note attached with Voucher 

Step- 5  Check Insurance expenses booked related to Import Purchase & GST Input credit booked related to Insurance Expenses.

Step-6 Check Whether all Freight & Clearing Expenses booked related to import purchase.

Step-7   In case of SAP check GRN passed within a normal period 


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