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How will imports be taxed under GST?

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posted Nov 8, 2016 by Akhilesh (message)

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The Additional Duty of Excise or CVD and the Special Additional Duty or SAD presently being levied on imports will be subsumed under GST. As per explanation to clause (1) of article 269A of the Constitution, IGST will be levied on all imports into the territory of India. Unlike in the present regime, the States where imported goods are consumed will now gain their share from this IGST paid on imported goods.

answer Nov 8, 2016 by Lub Management (message)
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