Durgesh Vashisth
(Financial Consultant)
(252 Points)
Replied 02 July 2017
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
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
