banner_ad

import & export of machinery

Import / Export 261 views 3 replies
RESPECTED SIR
CONDITION :1
If I import machinery say from! 'A' country to India & export the same to 'B' country, what is the GST applicability???

CONDITION : 2
Same as above condition 1 except, I do some changes (repair) in machinery imported & then export that repaired machinery
Replies (3)
Originally posted by : Pankaj Rawat
RESPECTED SIRCONDITION :1If I import machinery say from! 'A' country to India & export the same to 'B' country, what is the GST applicability???CONDITION : 2Same as above condition 1 except, I do some changes (repair) in machinery imported & then export that repaired machinery

Hi Pankaj,

1. Whenever you will do import service at the time you have to pay IGST @ 18%  the same you can claim ITC in next month.

2. Whevever you are going to be done export service at the time you have to pay IGST @ 18% .the same you can Go for refund claim to Local GST office if you are not interested to pay IGST @ 18% then you need to be submitted LUT without payment tax you can do export business.

Thanku very much, but is there is anything in refer to section 13 of IGST act in regard to my query
Moreover in condition 2 the machinery was imported for repair why IGST to be charge therein???


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details