Amount Written Off Agst Import Bill

[CABIJENDERKUMAR BANSAL]

Regarding one of the consignment which was imported before GST. There is a dispute over quality matter with a Supplier. The Payment is on hold from last 2 years. Now we came to a conclusion that we are not paying the import dues. For settling the same the supplier has given us a confirmation on mail, to write off the dues. Please advice what is the procedure for writing off the import dues? And is there any GST liability on this written off amount ? Thanx

AI Summary

Guidance Sought on Writing Off Import Dues Pre-GST Implementation; No GST Liability on Written-Off Amount Confirmed A forum participant raised a query about writing off import dues related to a consignment imported before the implementation of GST. Due to a quality dispute with the supplier, payment has been on hold for two years, and the supplier has agreed via email to write off the dues. The participant seeks advice on the procedure for writing off these import dues and whether there is any GST liability on the written-off amount. Responses indicate that since the import duty was already paid, there is no additional GST liability on the transaction.