Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

How to avail GST credit when less charge of IGST is paid on import after clearance on manual challan

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ow to avail GST credit when less charge of IGST is paid on import after clearance on manual challan<br> Query (Issue) Started By: - Robert Kunnel Dated:- 28-8-2020 Last Reply Date:- 13-8-2021 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>Would request you to let me know the provision as to how to avail IGST credit, wherein IGST is paid by way of less charge issued by Customs after cleara....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nce of import shipment. And the differential amount is paid on manual challan. Reply By YAGAY andSUN: The Reply: On this manual challan you can avail the ITC as the bifurcation must be mentioned in the Order issued by the Customs against which demanded amount of duty + IGST is paid. Reply By Spudarjunan S: The Reply: Instead of claiming credit based on TR-6 challan (which may back fire as it i....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s not a prescribed document for availing ITC as per GST as on today, however it should be) You may request the Customs Officer for reassessment of your BoE and claim the credit based on such reassessed BoE. Reply By KASTURI SETHI: The Reply: Dear Querist, TR.6 challan must be bearing Bill of Entry no. and date. Basic document is bill of entry and challan is proof of payment of IGST. Challan is s....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....upporting document. You can avail ITC of IGST paid through manual challan. This situation does not call for re-assessment of bill of entry. Reply By Robert Kunnel: The Reply: Thank you all for your kind reply. But how will this reflect in the GST System? as same is not integrated. Reply By Mehul Goyal: The Reply: Hey Experts, Is there any mechanism to get the ISGT amount reflected in GST por....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tal on payment of Custom Duty + IGST through manual mode of payment (T.R. 6 Challan) or can we voluntarily claim ITC of IGST with submission of supporting documents(if any) to GST department.<br> Discussion Forum - Knowledge Sharing ....