https://www.taxtmi.com/forum/issue?id=112636 Imported goods warehoused in a customs private bonded warehouse are not required to pay IGST at the time of import; a warehousing bill of entry is filed without duty payment. IGST and other duties become payable when the goods are cleared from the warehouse for home consumption, since the goods are treated as having crossed the customs frontier only upon such clearance. IGST paid on clearance can be taken as input tax credit and utilized according to normal GST rules when the goods are sold domestically. en-us Fri, 18 Aug 2017 16:46:07 +0530 Thu, 23 Jan 2025 15:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112636 Imported goods warehoused in a customs private bonded warehouse are not required to pay IGST at the time of import; a warehousing bill of entry is filed without duty payment. IGST and other duties become payable when the goods are cleared from the warehouse for home consumption, since the goods are treated as having crossed the customs frontier only upon such clearance. IGST paid on clearance can be taken as input tax credit and utilized according to normal GST rules when the goods are sold domestically. Discussion-Forum GST Fri, 18 Aug 2017 16:46:07 +0530 https://www.taxtmi.com/forum/issue?id=112636