IGST on Imports

[Kaustubh Karandikar]

Is it allowed to utilize balance in ‘Electronic Credit Ledger’ for payment of IGST against Imports? If yes under which provisions? Kindly Guide.

[Shilpi Jain]

The IGST on imports is payable under the Customs law. This is required to be paid in money and cannot be paid by using credit.

[Sadanand Bulbule]

I endorse the legal position clarified by Madam Shilpi ji.

[Kaustubh Karandikar]

Thanks Shilpi ji and Sadanand ji for your guidance

AI Summary

IGST on imports must be paid in cash under customs law; electronic credit ledger cannot be used. IGST on imports is governed by customs law and must be paid in money; balances in the Electronic Credit Ledger cannot be used to discharge IGST liability on imported goods.