We are doing export of our manufacturing Pharma machinery also we are doing trading export.
In earlier Excise Law we are not allow to bring any trading material in registered premises so we have to give instruction to our vendors (Trading Goods) to despatched the material directly to Port where export is done.
Now, under GST Act can we bring the trading material in our premises and give trial to our customers. Thereafter proceed for export the same.
GST Allows Trial Trading with Delivery Challan; Utilize Input Tax Credit for Export Showcases Under One Registration. A participant in a discussion forum inquired about the possibility of bringing trading materials into their premises under the GST Act, unlike the restrictions under the previous Excise Law. They wanted to know if they could conduct trials for customers before exporting. Responses clarified that under GST, trading and manufacturing can occur under one registration per state, and goods can be brought in using a 'Delivery Challan.' The GST paid by suppliers can be utilized as Input Tax Credit (ITC) for output tax, allowing the showcasing of products to customers before export. (AI Summary)
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