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

Input Tax Credit timing depends on ICEGATE reference date, not Bill of Entry date, affecting GSTR-2B reporting.
The ICEGATE reference date, defined as the later of Out of Charge Date, Duty Payment Date, or Amendment Date, governs eligibility for claiming Input Tax Credit on IGST in Form GSTR-2B; this reference date may fall after the Bill of Entry date, causing the import to appear in a subsequent month's GSTR-2B, although a passed Bill of Entry is an assessment order and remains a valid supporting document for ITC.