Menu
IGST on Import
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.
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
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
