TaxTMI 
TaxTMI 
TaxTMI 
Igst on imports and accumulation of itc
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....gst on imports and accumulation of itc<br> Query (Issue) Started By: - KESHAV GROVER Dated:- 1-6-2020 Last Reply Date:- 2-6-2020 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>Pls guide me, o....
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....ne of my client is importing goods and he has to deposit igst on the value decided by the customs which is very high even more than sale price, as a result itc is accumulating. Is there any way to get....
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.... it refund or stop this accumulation.all working capital is converted into itc how to get rid of this. Reply By Shilpi Jain: The Reply: What is the reason for such a high valuation under customs, if....
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.... you can mention, What are the goods in question and what does your client do with them, only sell in the domestic market? Reply By YAGAY andSUN: The Reply: As correctly indicated by our expert tha....
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....t there should be some basis of such huge levy under the provisions of Customs Valuation Rules. Please provide the details as mentioned in the above reply along with HSN and country of Origin. Whether....
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.... additional 15% duty has been levied on you products.<br> Discussion Forum - Knowledge Sharing ....