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ITC Can Be Availed on IGST Paid Both On Imports Intra & Inter-State Sales: AAR
Mariya Paliwala
19 April 2022 5:50 PM IST
The Telangana Authority of Advance Ruling (AAR) consisting of members B. Raghu Kiran and S.V. Kasi Visweswara Rao has ruled that IGST paid on imports is eligible to be availed as an Input Tax Credit (ITC) both on intra-state and inter-state sales. The applicant, M/s. Euroflex Transmissions (India) Private Limited, wishes to supply imported goods directly from the port of...
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