https://www.taxtmi.com/caselaws?id=362745 AAR Maharashtra ruled that IGST is not leviable on high seas sales where goods are sold to known customers before customs clearance in India. The transaction constitutes inter-state supply under Section 7(2) of IGST Act but qualifies as exempt/non-taxable supply since no duty is leviable until customs clearance per Section 12 of Customs Act. However, input tax credit on inputs, input services, and common input services must be reversed under Section 17 of CGST Act as the supply is treated as exempt supply. en-us Mon, 21 May 2018 00:00:00 +0530 Mon, 09 Jun 2025 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362745 AAR Maharashtra ruled that IGST is not leviable on high seas sales where goods are sold to known customers before customs clearance in India. The transaction constitutes inter-state supply under Section 7(2) of IGST Act but qualifies as exempt/non-taxable supply since no duty is leviable until customs clearance per Section 12 of Customs Act. However, input tax credit on inputs, input services, and common input services must be reversed under Section 17 of CGST Act as the supply is treated as exempt supply. Case-Laws GST Mon, 21 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362745