Powered by Google TranslateTranslate
Menu
Search
Search

How is import of goods treated under GST law?

Question

How is import of goods treated under GST law?

Expert Answer
Answered 05 Aug 2022
1932 views
As per section 5(1) of the IGST Act 2017, IGST and GST Compensation Cess shall be levied on import of goods in accordance with the provisions of Customs Act 1962 and Customs Tariff Act 1975 along with the Basic Customs Duty.

Have a Legal Question?

Get free answers from verified legal experts or opt for a paid expert opinion for more detailed guidance.

Talk to a legal expert Ask a Free Question

Ready to Start Your Business Journey?

Download our comprehensive guides to help you understand the business landscape in India and make informed decisions.

Have questions? Let's talk! Schedule Free Consultation