TaxTMI 
TaxTMI 
We have exported Machine in month of Sept-18.
Nw we have to Re-import the same machine for repairing purpose.
Whether IGST is applicable on the same. If yes can we avail the ITC for the same.
Re-import under GST
20 Aug 2019 
7 Replies 
4646 Views Asked by
IGST on re-imported goods for repair is payable, with IGST available as Input Tax Credit as an alternative to bonds.
Re-importation of exported machinery for repair attracts IGST when export occurred under a Letter of Undertaking; the IGST paid is available as Input Tax Credit. Conditional customs relief for repair clearances exists but requires strict compliance with amended annexure conditions. Export incentives previously availed may require repayment with interest if scheme conditions are breached. (AI Summary)
Re-importation of exported machinery for repair attracts IGST when export occurred under a Letter of Undertaking; the IGST paid is available as Input Tax Credit. Conditional customs relief for repair clearances exists but requires strict compliance with amended annexure conditions. Export incentives previously availed may require repayment with interest if scheme conditions are breached. (AI Summary)