Taxes on merchant Exporter

[Satyen Rohit]

Hello,

I am planning to start foreign export as a merchant exporter, so I would like to know what taxes are applicable. Also I would have get a Service Tax or Vat registration?

Thank you.

[Ganeshan Kalyani]

You have to register under GST . Service Tax and VAT is subsumed in to GST w.e.f. 01.07.2018.

[KASTURI SETHI]

You can rebate /refund of GST paid as merchant exporter. Date of implementation of GST is 1.7.17.

[subramanian vijayakumar]

You have to get registered under GST

You can get refund of hat what you have paid

[Ganeshan Kalyani]

Apology . Typing error. please read as 01.07.2017. in place of 01.07.2018.

[Kishan Barai]

Even LUT is possible for merchant exporter to source goods at only 0.1% for exports.

AI Summary

GST registration required for merchant exporters; refunds or LUT options allow export-related tax relief under the GST regime. GST registration is required for merchant exporters; Service Tax and VAT were subsumed into GST from 01.07.2017. Merchant exporters can obtain refund or rebate of GST paid on inputs used for exports or use a letter of undertaking (LUT) mechanism, which contributors described as permitting exports with a minimal immediate levy.