One client has import of goods through FedEx courier for business purposes and paid custom duty and igst to the custom department. IGST amount is reflected in client GSTR-2B . Can we take credit of IGST amount against our local cgst and sgst liability??
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Import of goods and igst related
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YES.
IGST paid on import of goods is eligible for ITC and can be utilised against CGST and SGST liabilities, subject to standard ITC conditions.
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