No IGST payable on high sea sales

In re AIE Fiber Resource and Trading (India) Private Limited (AAR Telangana) GST on Supply of imported goods to Indian customers from FTWZ The Telangana Authority of Advance Ruling (AAR) in Re: M/s AIE Fiber Resource and Trading (India) Private Limited. [Advance Ruling No. /07/2019 TSAAR Order No. 30/2021 dated December 24, 2021] held that no IGST is payable on supply of imported goods on High Sea Sales basis to Indian customers and proportionate reversal of input tax credit (ITC) is not required. Facts: M/s AIE Fiber Resource and Trading (India) Private Limited, Hyderabad (“the Applican...