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Please help GST on imports
who has to deposit the same?
Replies (6)
Quick Summary
Please specify whether it is import of goods or service...further if it is service then specify the nature of services imported i.e. notified service from ECO or oidar service or other services
Import of goods
The tax on import i.e., BCD and IGST has to be paid by the importer i.e., the person clearing the goods from customs.
The credit for IGST paid can avail as ITC.
What will happen in case of a tender where supplier agrees to pay all taxes. if he makes payment of GST will there be any problem?
THE ULTIMATE IMPORTER STILL LIABLE TO CLAIM ITC . AS THE BILL OF ENTRY IS ALWAYS ON RECIPIENT NAME.
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