Menu
Please help GST on imports
who has to deposit the same?
Replies (6)
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.
Recent Topics :
- Itr form for Salary income, Interest, Dividend And
- Will my TDS be deducted as NRI?
- PENSION ARREAR RECEIVED - EPS 95 SCHEME
- Processing of Form 144 (prev 27Q)
- Capital Gain on sale of Vacant Land- Whether Demol
- Hello dear I want help .
- Category B/D pop up after the file is e verified
- Section 56(2)(x)(xi) applicability to compensation
- How to claim exempt income u/s 10(26) in ITR-1 of
- 63053900 tax rate
Related Topics :
CAclubindia
