https://www.taxtmi.com/forum/issue?id=116918 Importer paid higher IGST on importation "under protest," claimed full input tax credit, and sold the goods charging a lower GST rate. The GST law lacks an explicit payment under protest mechanism, creating potential departmental challenge to ITC, and exposure to differential tax, interest and penalty. Respondents note Customs practice may allow protest payments on import, cite a High Court decision and Section 174 as supportive, and suggest seeking refunds under an inverted duty structure-subject to pre audit-while maintaining detailed records of the protest. en-us Wed, 23 Dec 2020 08:39:26 +0530 Thu, 23 Jan 2025 15:54:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116918 Importer paid higher IGST on importation "under protest," claimed full input tax credit, and sold the goods charging a lower GST rate. The GST law lacks an explicit payment under protest mechanism, creating potential departmental challenge to ITC, and exposure to differential tax, interest and penalty. Respondents note Customs practice may allow protest payments on import, cite a High Court decision and Section 174 as supportive, and suggest seeking refunds under an inverted duty structure-subject to pre audit-while maintaining detailed records of the protest. Discussion-Forum GST Wed, 23 Dec 2020 08:39:26 +0530 https://www.taxtmi.com/forum/issue?id=116918