ITC on IGST paid on imported goods.

[Vishal Garge]

Dear All,

whether ITC of IGST paid on imported goods is on the basis of bill of entry date or ICEGATE reference date which is mentioned in the GSTR-2B.

It is mostly observed that ICEGATE reference date in GSTR-2B is of subsequent month of Bill of entry date. 

Whether CBIC or any advance ruling issued clarification for the same.

AI Summary

ITC on IGST for imports: claim based on Bill of Entry date or ICEGATE reference date in GSTR-2B A discussion forum addressed when Input Tax Credit (ITC) on IGST for imported goods should be claimed - based on Bill of Entry date or ICEGATE reference date shown in GSTR-2B. Participants noted that ICEGATE reference dates often appear in subsequent months compared to Bill of Entry dates. Responses varied: some advised using Bill of Entry date as it constitutes a valid assessment order, while others referenced CBIC Advisory dated October 18, 2021. One participant clarified that ICEGATE reference date is determined by the later of out-of-charge date, duty payment date, or amendment date, and this determines GSTR-2B eligibility period. The discussion highlighted potential consequences of claiming ITC based on Bill of Entry date versus ICEGATE reference date timing differences.