Hello Every Senior,
I'm Kapil Gautam, newly start a venture of manufacturing of automotive parts and fabrication of structures ( pipe, angles) in Faridabad, Haryana.
I have an order from an merchant exporter from same state but there is slight problem of tax difference between us.
Exactly, Raw Material purchased by us @18% GST and selling to merchant exporter @0.1% GST with LUT of Export. So how could i manage this difference of tax
Please help me out
> if there any mode to get refund of tax.
> domestic sale is low so couldn't manage the ratio of deduction of tax with in 1-2 years.
> someone suggest me to register a new firm only for export, GST will be refunded only for exporters or merchant exporters, not for domestic+export sale.
kapilgautam1239@gmail.com / 8587871804
Tax difference for Supplier of Merchant Exporter
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