Menu
import item from china
i have import material from china in there invoice GST is not mentioned ,hw should i do entry, wether i ve to pay rcm on invoice amt or in invoice amt + custom charges what i paid to DHL courier service
Replies (3)
In case of imports IGST is calculated and payable at Port only along with BOE, in such case the payment is made at Port and you can take credit of such ITC.
Check your BOE , it's given on last page the Accessible Value & IGST Value
In this case GST tax was not mentioned in your invoice amount by the seller of CHINA that means the CHINA GOVT is not collecting GST on their EXPORT SALE so you means BUYER should not pay any GST TAxes to that CHINA SELLER FOR THEIR INVOICE VALUE WHICH IS ON INVOICE AMOUNT
So you should not pay any EXTRA amount other than invoice amount to any one in the world
Recent Threads
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
Related Threads
CAclubindia
