Determination of Place of supply of Goods imported into, or exported from India - GST Ready Reckoner - GST

..... rts will be deemed as inter-State supplies for the purposes of levy of GST. IGST is leviable on imports in addition to other duties of customs. Full set-off will be available as ITC of the IGST paid on import on goods and services. The IGST can be paid by utilizing ITC to the extent available and balance by cash. The use of ITC for payment of IGST will be done in the following order: ITC of IGST shall be used for payment of IGST first; Once ITC of IGST is exhausted, the ITC of CGST shall be used .....

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Determination of Place of supply of Goods imported into, or exported from India - GST Ready Reckoner - GST

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..... ratio and invoice values in INR. Examples - Import of goods Example 1:- M/s Brubery having principal place of business in Noida, U.P., places an import order on ABC Inc. England and goods, after clearing at Kandala port, Gujarat, and goods are delivered at place of business in Mumbai without any further movement In this case, there would be two supplies First supplies between ABC Inc, England to M/s Brubery, Noida, U.P. Place of supply of goods: - M/s Brubery, Gujarat Nature of transaction: - I .....

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Determination of Place of supply of Goods imported into, or exported from India - GST Ready Reckoner - GST

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