IGST on Import

IGST 348 views 7 replies
When can we avail credit of IGST while Import.
Replies (7)

yes 

It is not showing available credit while return filing.
it is self credit. u can take the credit on your own. under gstr2 separate table is provided for such credit. you have to put bill of entry number , date and port code. this ITC will not be shown under gstr2A like other domestic purchase.
Thank you Mr. Naveen and Mr. Tushar, also is RCM applicable on Import of material?
if igst is paid on bill of entry of imported material then no.

if igst ia not paid then yes

see one of the basic purpose is to avoid double taxation.

While filing GSTR3B for the month in which the imported goods are cleared.

within 1 year of goods actually received or due date of filing gst audit whichever is earlier


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