Just a moment...

Report
FeedbackReport
×

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

Refund of IGST paid on imports

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....efund of IGST paid on imports<br> Query (Issue) Started By: - Kapil Gupta Dated:- 24-9-2022 Last Reply Date:- 27-9-2022 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>Dear Experts, I want to....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... know whether I am eligible for refund of IGST paid on imports of goods under any circumstances. I have a restaurant in Maharashtra and i import goods related to same from outside India to my factory....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... in madhya pradesh where I process the imported goods and send to my restaurant for serve to customers. My question is i am paying 18-28% IGST on import and transferring all the goods from MP to Mahar....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ashtra @ 5%. Can I eligible to take the refund of accumulated ITC in this case? Your valuable suggestions in this regard will be highly appreciable. Thankx in advance. Reply By Shilpi Jain: The Rep....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ly: What is the reason that the goods are transferred at 5%? Is it as per the rate notification? If that&#39;s in line with law you can claim refund of accumulated ITC at the processing unit. Reply....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... By Kapil Gupta: The Reply: Not as per 5% but most of the goods transferred at 5% only. Reply By Ganeshan Kalyani: The Reply: If you are transferring all your imported material as such then the rat....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e of tax paid on import will apply on transfer. Each material is subject to GST as per tariff. There is no flat single rate.<br> Discussion Forum - Knowledge Sharing ....