TMI BlogRefund of IGST paid on importsX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, I want to 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 out ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... side India to my factory 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 th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e goods from MP to Maharashtra @ 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. - Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly By Shilpi Jain - The Reply = 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the processing unit. - Reply 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 im ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ported material as such then the rate of tax paid on import will apply on transfer. Each material is subject to GST as per tariff. There is no flat single rate. - Refund of IGST paid on imports - Qu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ery Started By: - Kapil Gupta Dated:- 24-9-2022 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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