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of <h1>GST on Imports: CGST and SGST Apply, Destination Principle Allocates SGST Revenue, Full Set-Off Available for Importers.</h1> Imports under GST are subject to both Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST) due to Constitutional Amendments. The taxation follows the destination principle, meaning the tax revenue from SGST will go to the state where the imported goods and services are consumed. Importers can avail a full set-off on the GST paid for these imports, ensuring that the tax burden is effectively neutralized for businesses by allowing them to claim credits for the taxes paid.
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