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Import after gst
FULL ITC ON IGST ALLOWED ON IMPORTER TRADER THEN WHAT HAPPENED WITH IMPORTER MANUFACTURER WHEN SAME GOOD MANUFACTURED BY MANUFACTURER
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Dear Nikhil,
When goods are imported that the IGST will charged and when these goods are use for manufacturing, the IGST/CGST/SGST will charge on output supply and this output tax liability will adjusted from input tax credit i.e the IGST paid at the time of import.
Thanks & Regards
Durgesh Vashisth
9899812287
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