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TMI BlogRefund of IGST paid on importsX X X X Extracts X X X X X X X X Extracts X X X X ..... Refund of IGST paid on imports X X X X Extracts X X X X X X X X Extracts X X X X ..... o 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 factor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y 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 Maha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rashtra @ 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 Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply: What is the reason that the goods are transferred at 5%? Is it as per the rate notification? If that's in line with law you can claim refund of accumulated ITC at the processing unit. Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y 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 ra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te of tax paid on import will apply on transfer. Each material is subject to GST as per tariff. There is no flat single rate. X X X X Extracts X X X X X X X X Extracts X X X X
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