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import of goods and services

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student
24 Points Joined April 2012
How will import be taxed under GST?
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On 09 January 2018 at 16:56 Report
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CA Final Student
418 Points Joined September 2014
under gst import would be liable for IGST, and the credit of same would be allowed to the importer.
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On 09 January 2018 at 17:07
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New Updates
358 Points Joined November 2015

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.
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On 09 January 2018 at 17:32
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student
24 Points Joined April 2012
thanks
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On 09 January 2018 at 17:34
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GST
3925 Points Joined October 2015
you have to pay igst directly to custom department no need to show in 3B

YOU CAN CLAIM THAT ITC IN GSTR 3B
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On 09 January 2018 at 19:12

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