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Payment of IGST in Import of Goods

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..... Payment of IGST in Import of Goods
Query (Issue) Started By: - Bhupesh Dand Dated:- 29-4-2019 Last Reply Date:- 30-4-2019 Goods and Services Tax - GST
Got 3 Replies
GST
Sir, We have paid .....

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..... IGST on import of goods from Malaysia, but due to quality issues we have rejected the material, is it possible for us to get refund of IGST paid on imports Regards, Bhupesh Dand Reply By Rajagopal .....

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..... an Ranganathan: The Reply: Sir, It depends whether you re-export the rejected goods back to the foreign supplier. If you do so you can claim the refund of IGST paid at the time of import (including .....

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..... other duties paid on such import) by filing suitable Bill of Export etc. Reply By KASTURI SETHI: The Reply: Dear Querist, You can claim drawback (of all duties paid) under Section 74 of the Custom .....

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..... s Act, 1962 after re-exporting the said imported goods. You will have to first reverse ITC of IGST already taken and proof of reversal of duly certified by the jurisdictional GST Range Officer has to .....

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..... be attached with the drawback claim. You will get 98 % of duty paid at the time of importation of goods. Reply By KASTURI SETHI: The Reply: Also read Circular no.21/17- customs dated 30.6.17 in this .....

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..... context, especially, for IGST.
Discussion Forum - Knowledge Sharing .....

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