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IMPORTING MATERIAL TO CUSTOMS PRIVATE BONDED WAREHOUSE

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..... Hi, With GST implementation, whether IGST is applicable for materials importing by a CUSTOMS PRIVATE BONDED WAREHOUSE This is business aspect and the above imported material will be supplied to SEZ 100% EOU from customs Private Bonded Warehouse. - Reply By Kishan Barai - The Reply = Based on your inquiry posted, no IGST would be levied when kept of Custom Bonded Warehouse but product .....

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..... s supplied to SEZ EOU must be exported. If they are sold in domestic area against ARO then benefit of duty saved could not be obtained. - Reply By RAMAKRISHNA M - The Reply = Dear Kishan, thanks for revert. I agree with you that any supplies to SEZ / EOU's no duty but if they sell those products in local instead of exports, duty will be levied. Here we are importing Machinery spare parts .....

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..... which will be used in Granite Manufacturing units. Request you to reconfirm whether these Imported Machinery Spare Parts will attract IGST while importing from Foreign nation. - Reply By Kishan Barai - The Reply = Yea, it will attract IGST if imported Material used for domestic consumption - Reply By RAMAKRISHNA M - The Reply = Dear Kishanji, My question is while importing these machine .....

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..... ry Spare parts, whether we need to pay IGST at the time of imports - Reply By RAMAKRISHNA M - The Reply = IF A CUSTOMS PRIVATE BONDED WAREHOUSE - IMPORTS MACHINERY SPARE PARTS - WHETHER IGST IS PAYABLE FOR THESE IMPORTS - IMPORTING MATERIAL TO CUSTOMS PRIVATE BONDED WAREHOUSE - Query Started By: - RAMAKRISHNA M Dated:- 17-8-2017 Goods and Services Tax - GST - Got 5 Replies - GST - Discussio .....

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..... n Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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