IGST exempted categories of imports under GST in India, click here
Impact of GST on imports in India
Applicable import duty after GST implantation
How to calculate IGST under imports?
Changes in IEC after GST
Linking IEC with GSTIN in customs
Import under EPCG after GST
GST on imports by EOUs and SEZs
Changes of operation of SEZ
Does CVD exists under project imports?
Baggage clearance after GST implementation
Refund of SAD paid on imports
How to claim ITC under imports?
Procedures to claim Drawback after GST implantation
How to claim IGST refund on exports?
Export procedure changes after GST implementation
Factory stuffing procedures after GST implementation
Import of goods attracts IGST but not CVD under GST regime
Import goods attracts IGST and CVD under GST regime
Import Goods attract IGST, CVD and Compensation Cess under GST regime
Safeguard duty and Anti-dumping duty after GST implementation
Goods and Service Tax for Exports and Imports
Is CGST and SGST charged on import of goods and services in India?
As per GST Act, both SGST and CGST is charged under import in India.
How is IGST rate on imports treated?
Import of goods to India is treated as interstate supply, hence treated as IGST. So IGST is levied on import of goods to India.
What are the import duties replaced with GST?
After introduction of GST, CVD and SAD are replaced with Integrated Goods and Service Tax, IGST.
What are the main two components in determining import duty in India after implementation of GST?
IGST and Basic Customs Duty are the main two components in determining the total import duty payable to customs at the time of Import of Goods to India after introduction GST.
How is IGST calculated under Imports in India?
In imports, IGST is computed on transaction value of imported goods plus duties and taxes etc. charged under any statute other than the GST Law.
What is the difference between IGST on Imports and IGST on domestic goods?
Integrated Goods and Service Tax IGST is payable for each and every import transaction before taking delivery of imported goods. Whereas IGST is paid monthly along with returns of IGST against domestic movement of goods and services.
Can IGST, CGST or SGST paid against imports be refunded on eligibility?
Yes, CGST, IGST and SGST paid on imports can be claimed back if eligible.
Is BCD is added on the transaction value of the imported goods?
Experts opine that when paying IGST on imports, BCD should be added to the transaction value of the imported goods.
Are antidumping duty and safeguard duty are continued after implementation of GST?
Yes, antidumping duties and safeguard duties are continued to be incorporated in total import duty payable also.
How does related party valuation under GST regime work?
There could be a mechanism like SVB in imports to monitor relative party valuation on goods and service tax under GST mechanism.
Does GST regime effect government export promotion schemes and incentives in India?
Yes, implementation of GST may affect present various export promotion schemes, incentives and exemptions in India.
How is CGST and SGST accounted under Import of Goods and Services.
The fundamental concept of GST is collection of tax at destination. Here in imports also CGST and SGST collected also is distributed centre and state respectively.
Who is eligible for SGST levied on imports – State or Central?
Since SGST meant for the destination state where goods are consumed, SGST collected under imports also is meant for state government where the imported goods or services are finally consumed.
How will Exports be treated under GST?
Exports will be treated as zero rated supplies. No tax will be payable on exports of goods or services, however credit of input tax credit will be available and same will be available as refund to the exporters.
IGST exempted categories of imports under GST in India, click here
Posts related to Exports and Imports:
Click here to know GST rate on Goods and Services
GST Exemption list of goods and services
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
How to export goods from India?
How to get Export Order?
Export benefit schemes in India
Export procedures and documentation
What is SGST in brief?
What is IGST in brief?
What is CGST in brief?
A very brief description about GST
Terms of Payment in Export and Import
Terms Used in Marine Insurance
Non receipt of Cargo Arrival Notice, Can importer sue against shipping company
OBJECTIVES OF CUSTOMS CONTROL for EXPORT GOODS
OBL not released OBL not surrendered no telex release
Payment procedures in Triangular exports
Who is Stevedores
Who receives the amount of auctioned / resold imported unclaimed/un-cleared goods?
Why demurrage/detention waiver period is required at destination for import
How many types of imports in India. Types of bills of Entry in India
4 Conditions when applying for refund of Input Tax Credit (ITC) under GST
Difference between types of goods and services and types of GST
4 types of Goods and Services in India for GST rate
Difference between IGST on International goods and IGST on domestic goods.
How is IGST calculated under Imports?
How is IGST rate on imports treated?
GST and e-Commerce Business, FAQ
Definition of E-Commerce under GST
TDS under GST, Frequently Asked Questions
How many types of shipping bills in export
Refund of SAD paid on imports
How to claim ITC under imports?
Procedures to claim Drawback after GST implantation
How to claim IGST refund on exports?
CUSTOMS Notification No. 77 of 2017 dt 13th October, 2017
Integrated Tax (Rate) Notification No. 40 of 2017 DT 18th October, 2017, GST
Union territory tax (Rate) Notification No. 39 of 2017 DT 18th October, 2017, GST
Central Tax (Rate) Notification No 39 of 2017 dt 18th October, 2017 under GST
How to add Line number in Import General Manifest in Custom in India
How to amend AWB number in Import General Manifest (IGM)
How to amend BL number in Import General Manifest (IGM)
How to amend consignee (importer) name in Import General Manifest (IGM)
How to amend container number in Import General Manifest IGM