Hi,
I would like to know the implications of taxes on the export carried out by a registered dealer not being a manufacturer of imported goods?
What happens to the recoverable taxes at the time of export, being a dealer he cannot claim the taxes and if it was domestic sale he would have passed the credit to the buyer.
regards
Mallikarjuna Gupta
Inquiry on Tax Implications for Non-Manufacturer Exports: Handling Recoverable Taxes and Passing Credits to Buyers A registered dealer inquired about the tax implications on exports when the dealer is not the manufacturer of the imported goods. Specifically, the dealer questioned the handling of recoverable taxes at the time of export, noting that while they cannot claim these taxes, in a domestic sale, they would pass the credit to the buyer. A respondent asked if the issue had been clarified, indicating a need for further discussion or information. (AI Summary)