IGST cutoms
Mahesh Singhi (Company Secretary & Manager Exim) (45 Points)
21 June 2017
Is there in duty in addition to BCD and IGST on import is called IGST customs?
1 Replies
CA Mayur Todmal
(Practicing CA)
(7756 Points)
Replied 21 June 2017
The integrated tax on goods shall be in addition to the applicable Basic Customs Duty (BCD) which is levied as per the Customs Tariff Act. In addition, GST compensation cess, may also be leviable on certain luxury and demerit goods under the Goods and Services Tax (Compensation to States) Cess Act, 2017
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