INPUT credit on Import of Cargo ships 8901
Raghavan Krishnamachari (1 Points)
05 August 2017We have recently purchased (8901) cargo ships and will shortly arrive in Indian shores. We are to Pay 5% GST. The vesse will be used to move cargo in Indian coastal lines. we shall charge GST from the
customer and remit periodically. in these circumstances can we avail the Input tax against the
GST we remit on imports. Apprrciate immediate clarifications Thanks Raghavan
9600960333