Dear Sir
I Am a Small Importer , I have Questions Pls Clarify
Goods Imported : 1000 Nos
IGST : 20/- for each
Total IGST Paid : 20000/-
Date of Import : 5-4-2018
Sold April Month : 500 PCs
Remain Stocks i have : 500 Pcs
Import Goods and IGST Paid for 1000 Pcs @ 20/- for Month of APRIL = 20000/-
APRIL Month We sold 500 Pcs - So can i Utilise the Complete IGST which i paid for Import 20000/- or 10000/-
But My total Liability of Tax APRIL : 50000/- ( other items are sold )
so Can i apply 20000/- or 10000/-
Which is correct Pls Guide me
How Can i Utilise the IGST which i paid for Import
Pls Guide me