TaxTMI 
TaxTMI 
Merchant Export-IGST applicable or Not
X X X X Extracts X X X X
X X X X Extracts X X X X
....erchant Export-IGST applicable or Not<br> Query (Issue) Started By: - Binu Karuthedath Dated:- 17-7-2017 Last Reply Date:- 19-7-2017 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>We are Trading or Merchant Exporter In Trading export, we have bought goods from other Manufacturing unit or dealer and export the same. Now, in GST regime we have to buy goods (Taxable) for trading export wit....
X X X X Extracts X X X X
X X X X Extracts X X X X
....h payment of IGST from 1 st dealer (as per Circular No. 4/4/2017-GST) and 2nd dealer have to export the same 2nd dealer is raising invoices in Foreign Currency(US Doller) for export Can I raise export invoice without collecting IGST and send the goods to Port? if I have to collect GST, How it possible in Forex invoice? Reply By Kishan Barai: The Reply: In Export Invoice you don't need you ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....charge IGST, if you paid IGST at the time of purchase, you will get refund in 6 days after filing of Shipping Bill Reply By GOKARNESAN.S SUBRAMANIAN: The Reply: Mr. Binu Please see my reply to Issue ID No. 112376. The same is applicable for you . regards S. Gokarnesan Reply By Binu Karuthedath: The Reply: Dear Sir I have read your reply POST-ID 112376 .it is a good one .In that Reply, yo....
X X X X Extracts X X X X
X X X X Extracts X X X X
....u have mentioned That " Y" can pay IGST on the export value ( here the tax can be paid either out of credit earned for the purchase made from the manufacturer or pay by cash) When we pay IGST and where we pay IGST . If we have to export without Bond/Lut . Reply By Kishan Barai: The Reply: You need to pay IGST at the time of purchasing goods from Suppliers ment for Exports<br> Discuss....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ion Forum - Knowledge Sharing ....