dear all
how do i claim refund of igst paid on imports?
IGST Paid on imports
Replies (4)
Quick Summary
By filling GSTR- 3B, you can take ITC of the IGST paid by you. You can claim a refund of inputs only in case of an Inverted duty structure/Excess payment of tax. So, based on the same you can proceed.
Please explain more.
IF YOU ARE UNDER AN INVERTED DUTY STRUCTURE YOU CAN CLAIM A REFUND.
IF YOU ARE NOT UNDER AN INVERTED DUTY STRUCTURE YOU CAN CLAIM ITC.
A is importer who paid igst on imported goods.
Then ,A supply to C with his Expenses and gp on that imported goods.
Then A filed gstr 3B for respective month.
A claim ITC on imported goods as per customs entry bill and net gst cash on tax liability b paid after collect from C only during six months or any condition mentioned in the invoice.
B may claim Itc as per invoice issued by A or any voucher issued by A ,on bill payment made by C ,' s base only.
If any excess payment made by inverted structure A & B may claim Refund. But conditions may b fullfilled by A
Then ,A supply to C with his Expenses and gp on that imported goods.
Then A filed gstr 3B for respective month.
A claim ITC on imported goods as per customs entry bill and net gst cash on tax liability b paid after collect from C only during six months or any condition mentioned in the invoice.
B may claim Itc as per invoice issued by A or any voucher issued by A ,on bill payment made by C ,' s base only.
If any excess payment made by inverted structure A & B may claim Refund. But conditions may b fullfilled by A
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