TRADING EXPORT ACTIVITY

[SURYAKANT MITHBAVKAR]

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.

[KASTURI SETHI]

Extract of FAQ dated 30.8.17. This can be helpful to you.

20.

Is separate registration required for trading and manufacturing by same entity in one state?

There will be only one registration per State for all activities.

[Ganeshan Kalyani]

It can be brought under "Delivery Challan".

[DR.MARIAPPAN GOVINDARAJAN]

I endorse the views of Shri Sethi.

[Nash Industries I Pvt Ltd]

Under the GST, both trading and manufacturing can be done and no separate registration is required.The GST paid by the supplier can be availed as ITC and can be utilised for payment of output tax including the traded/ manufactured goods. Therefore, you can bring them to your premises and showcase it to your customer. GST is payable on supply.

Hope this clarifies.

Regards

S.Ramaswamy

[KASTURI SETHI]

Sir, Thanks for more details.

AI Summary

Single-state GST registration allows combined trading and manufacturing with input tax credit available for supplies.
One registration per State covers both trading and manufacturing by the same entity; GST is payable on supply. Traded goods may be brought into premises for trials or showcasing, with movement documented by a delivery challan where appropriate. Input tax charged by the supplier on traded goods can be claimed as Input Tax Credit and utilised against output tax, subject to GST credit eligibility.