IGST Input Credit on goods received from overseas OEM Supplier on LOAN
Query (Issue) Started By: – saravanan rengachary Dated:- 9-11-2017 Last Reply Date:- 13-11-2017 Goods and Services Tax – GST
Got 4 Replies
GST
Sir,
Can we avail IGST input credit on the material IMPORTED for demonstration purpose on payment of duty. Please note that the imported material is received on LOAN basis. No foreign exchange is involved. However, applicable import duty is paid.
Please suggest.
Regards
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