Merchant export with 18% GST

[Guest]

I have an aggregated order of Pharma APIs and am a Merchant exporter. Is it compulsory for me to buy the goods from Manufacturers with .1% GST as I have to submit all my trade value data to supplier through Shipping bill. Can i buy with 18% GST and claim input credit in GST return ? I will execute the LUT for the export. Two supplier/manufacturer have asked to revise my PO to .1% and other 2 have taken at 18%.

AI Summary

Merchant Exporters Can Choose 0.1% or 18% GST on Pharma APIs; Input Credit and Refund Options Available A merchant exporter inquired about the necessity of purchasing Pharma APIs at 0.1% GST or if they could buy at 18% GST and claim input credit. Four experts responded, stating that it is optional to purchase at 0.1% GST. The exporter can choose to pay the full GST rate, claim input tax credit, and export under a Letter of Undertaking (LUT). The replies emphasized that the purchase should be from a registered supplier, and the exporter can apply for a refund if GST is paid in full.