The goods and services tax (GST) is one of the biggest fiscal reforms in India. We had covered details relating to the applicability of GST registration and procedure registration in our earlier article titled GST registration requirements for NRIs. The electronic ledgers available on the GST portal is akin to an electronic passbook for GST. However, the amount of GST paid on import of goods would be available as credit provide the same is an eligible credit under GST. The non-resident taxable person shall furnish a return in form GSTR-5 electronically through the GST portal.

Source: Mint May 06, 2021 13:18 UTC