import of goods and services
drisya (student) (24 Points)
09 January 2018
How will import be taxed under GST?
4 Replies
Dipanshu arora
(CA Final Student)
(418 Points)
Replied 09 January 2018
under gst import would be liable for IGST, and the credit of same would be allowed to the importer.
Manu Kumar Rana
(New Updates )
(358 Points)
Replied 09 January 2018
Hi Drisya ,
- Importer being a registered person under GST can utilize the integrated tax charged to him on import of goods as input tax credit.
- This input tax credit can be utilized for payment of taxes on his outward supplies of goods.
Mondira Saha
(GST)
(3925 Points)
Replied 09 January 2018
you have to pay igst directly to custom department no need to show in 3B
YOU CAN CLAIM THAT ITC IN GSTR 3B
YOU CAN CLAIM THAT ITC IN GSTR 3B
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