IGST on Import
piyush singh (30 Points)
18 November 2018
sir on import of goods igst has been paid this tax can be utilized to setoff on output tax
2 Replies
Mayur Patil
(Article)
(1276 Points)
Replied 18 November 2018
Yes
Sec 18 of IGST Act
ITC of IGST can be utilize to setoff output liability in following manner
1.IGST
2.CGST
3.SGST
Sec 18 of IGST Act
ITC of IGST can be utilize to setoff output liability in following manner
1.IGST
2.CGST
3.SGST
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 November 2018
Yes... You can claim the IGST ITC for the import if You are dealing taxable supplies.
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