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IGST on Imports and Exports

IGST 234 views 2 replies
I have imported goods from one country and sold to other country. So what is the impact on IGST.
Replies (2)

On Import   of Goods you  have pay IGST  on RCM    and  Export  is   Zero  rated ( No  GST )   supply  under  GST  law ,  you can  either  export  the goods  by paying  IGST and  then claim  refund  or  through   LUT /BOND   subject  to conditions . 

Dear Rohit

If you have imported goods means the goods had been crossed the custom barrier of Indian & brought into India , then you exported the same to some other country , then follow the reply by Mr. Prasad.
And if the goods are never entered into India , & sent from one country (Non taxable territory) to another , then it cover under schedule III , hence there is no GST . It's neither a supply of goods nor supply services


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