https://www.taxtmi.com/manuals?id=1704 Imported goods and services are treated as deemed inter State supplies and subject to IGST; IGST on goods is levied at customs on customs determined value in addition to Basic Customs Duty, with compensation cess potentially applicable. Assessable value for IGST includes customs and certain additional duties; cess is computed on assessable value plus Basic Customs Duty but excludes IGST. Import of services by non resident suppliers to recipients in India constitutes supply where place of supply is India, with specific place of supply rules and reverse charge or supplier registration obligations for OIDAR and related transactions. Input tax credit for IGST and cess at import is available, excluding Basic Customs Duty. en-us Wed, 09 Aug 2017 14:34:00 +0530 Wed, 23 Jan 2019 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1704 Imported goods and services are treated as deemed inter State supplies and subject to IGST; IGST on goods is levied at customs on customs determined value in addition to Basic Customs Duty, with compensation cess potentially applicable. Assessable value for IGST includes customs and certain additional duties; cess is computed on assessable value plus Basic Customs Duty but excludes IGST. Import of services by non resident suppliers to recipients in India constitutes supply where place of supply is India, with specific place of supply rules and reverse charge or supplier registration obligations for OIDAR and related transactions. Input tax credit for IGST and cess at import is available, excluding Basic Customs Duty. Manuals GST Wed, 09 Aug 2017 14:34:00 +0530 https://www.taxtmi.com/manuals?id=1704