Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Import IGST paid to Indian Custom

375 views

Save Share

PATHAK DN

25 Points Posted on 19 January 2022

Can Please anyone confirm whether we are liable to take ITC based on Indian Custom BOE even though same is not appearing in GSTR2B. Kindly be noted that if we file GSTR3B return tomorrow then I have to pay extra cash

Replies (4)

Quick Summary

This discussion addresses the crucial issue of claiming Input Tax Credit (ITC) for IGST paid on Indian imports when the Bill of Entry (BOE) details are not appearing in GSTR2B. While legally, ITC can only be claimed if reflected in GSTR2B, recent changes to the CGST Act suggest that import and RCM ITC might not always appear. It's advised to seek clarification from CBIC and potentially defer the claim to the next month if it appears then.

CA Aakarsh Jain

4330 Points Posted on 19 January 2022

If it is not coming in 2B then you can't take it in this month, take it in next month when it shows in next months 2B

Divyam Agarwal

Practicing Chartered Accountant

681 Points Posted on 19 January 2022

Legally you are not eligible to claim unless and until it gets reflected in your GSTR 2B.

prasad Nilugal

GST Practitioner & Accounts

8998 Points Posted on 20 January 2022

CBIC has not clerified regarding input tax credit on Imports ( Bill of entry ) not appearing in GSTR2B . You can write mail to CBIC for Clerifition .
Similarly in in case of input tax credit under RCM not appearing in GSTR2B not Clerified .

prasad Nilugal

GST Practitioner & Accounts

8998 Points Posted on 20 January 2022

Clarification in connection with , after Insertion of new section 16(aa) of the CGST act 2017 , one more condition to claim ITC , Input tax credit on Imports and RCM May not appear in GSTR2B .