https://www.taxtmi.com/forum/issue?id=113025 IGST input credit may be available on goods imported and received on loan when used in the course of business; credit depends on business use and taxable supplies. If loaned goods are to be returned, any ITC availed must be proportionately reversed. Mere demonstration without resulting taxable sales restricts entitlement to ITC on import IGST; taxable sales with invoices and GST support recovery or refund of IGST paid at import. en-us Thu, 09 Nov 2017 15:01:03 +0530 Thu, 23 Jan 2025 15:55:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113025 IGST input credit may be available on goods imported and received on loan when used in the course of business; credit depends on business use and taxable supplies. If loaned goods are to be returned, any ITC availed must be proportionately reversed. Mere demonstration without resulting taxable sales restricts entitlement to ITC on import IGST; taxable sales with invoices and GST support recovery or refund of IGST paid at import. Discussion-Forum GST Thu, 09 Nov 2017 15:01:03 +0530 https://www.taxtmi.com/forum/issue?id=113025