ITC FOR IGST ON IMPORT FILED & PAID BY HO FOR BRANCH.

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This query is : Resolved

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This discussion clarifies who can claim Input Tax Credit (ITC) for Integrated Goods and Services Tax (IGST) on imports when the Bill of Entry is filed under the Head Office's (HO) GST number, but the consignment is cleared and received at a Branch. The consensus is that the HO is eligible to claim the IGST ITC. To facilitate this, the HO must issue a tax invoice to the branch for the goods received. The branch can then claim the ITC based on this tax invoice issued by the HO, provided the goods inward entry is initially recorded in the HO's books.

Rachana Gokhale

Rachana Gokhale (Querist)

17 January 2022 Dear Sir/ Madam,

We are Importer having HO in Maharashtra & a Branch in Karnataka. Both have a separate GST Registration No. in respective States.

Please let us Who (HO or Branch) is eligible to take ITC Credit for IGST in case where Bill of Entry was filed with HO's GST No. but consignment was cleared and received in Karnataka.

Thank you!

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

17 January 2022 ITC on imports can be availed by HO. HO has to issue tax invoice to branch as consignment received by branch.

Rachana Gokhale

Rachana Gokhale (Querist)

19 January 2022 What sort of Tax Invoice it be ?

Because as Seller's Invoice was in the name of Branch, Goods inward entry is been taken by Branch.

CA Puja Sharma

CA Puja Sharma (Expert)

19 January 2022 The Goods inward entry must be taken in the books of the HO so that he can claim the ITC of the GST paid.
Now, the HO can invoice the goods to the branch using a tax invoice. The branch will now claim the ITC mentioned in the Tax invoice of the HO.

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