9911796707
TMI BlogIGST CREDIT UNDER ZERO % EPCG SCHEME - 12X X X X Extracts X X X X X X X X Extracts X X X X ..... IGST CREDIT UNDER ZERO % EPCG SCHEME - 12 X X X X Extracts X X X X X X X X Extracts X X X X ..... e imported machinery under Zero % Epcg scheme No. 12. - Exim notification no. 16 / 2015 We have not paid any duty , i.e Basic + social welfare + igst. The B/E shows the Basic duty + IGST as CVD. But ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under GSTIN Details IGST shown as ZERO. Our CHA inform us that we can avail the IGST. We want to confirm that we can take a credit of IGST or not. Waiting for your reply. Regards, Sanjay Patel R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By KASTURI SETHI: The Reply: IGST is exempted up to 31.3.2020 vide DGFT Notification No.57/2019 dated 20.3.19. How ITC can be taken ? Notification is appended below:- Amendments to Foreign Trad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Policy 2015-2020 - Extension of Integrated Goods and Service Tax (IGST) and Compensation Cess exemption under Advance Authorisation, EPCG and EOU scheme upto 31.03.2020. - 57/2015-20 - Foreign Trade ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Policy Reply By CSSANJAY MALHOTRA: The Reply: Dear Mr Patel, You can't avail IGST credit as you have not paid the same during Import clearance. Had you paid off the same in Cash and are supplying ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxable goods/services, you would have been eligible for ITC. X X X X Extracts X X X X X X X X Extracts X X X X
|
