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How will imports be taxed under GST in India?

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How will imports be taxed under GST in India?
posted Nov 8, 2016 by Abu Anam

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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 9, 2016 by Raghav Choudhary
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