https://www.taxtmi.com/article/detailed?id=8786 The GST regime limits zero-rated supply and LUT-based duty-free treatment to primary suppliers to exporters or SEZ units, forcing downstream MSME and small-scale suppliers to charge GST and rely on refund processes, causing working-capital strain. The author proposes extending LUT eligibility to secondary suppliers by mapping GSTINs across the supply chain and obtaining purchaser confirmation of supplier names, items and HSN codes, together with indemnity bonds from secondary suppliers to safeguard against abusive claims. en-us Sat, 19 Oct 2019 07:05:38 +0530 Sat, 19 Oct 2019 07:05:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8786 The GST regime limits zero-rated supply and LUT-based duty-free treatment to primary suppliers to exporters or SEZ units, forcing downstream MSME and small-scale suppliers to charge GST and rely on refund processes, causing working-capital strain. The author proposes extending LUT eligibility to secondary suppliers by mapping GSTINs across the supply chain and obtaining purchaser confirmation of supplier names, items and HSN codes, together with indemnity bonds from secondary suppliers to safeguard against abusive claims. Articles Goods and Services Tax - GST Sat, 19 Oct 2019 07:05:38 +0530 https://www.taxtmi.com/article/detailed?id=8786