IGST Input Credit on goods received from overseas OEM Supplier on LOAN

Goods and Services Tax – Started By: – saravanan rengachary – Dated:- 9-11-2017 Last Replied Date:- 13-11-2017 – 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.RegardsSaravanan. – Reply By KASTURI SETHI – The Reply = Yes because it is in the course of business or furtherance of busines

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Leave a Reply