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CONCESSIONAL RATE OF GST TO MERCHANT EXPORTER

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....ONCESSIONAL RATE OF GST TO MERCHANT EXPORTER<br> Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 13-10-2017 Last Reply Date:- 25-11-2017 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<b....

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....r>Merchant Exporter can export goods while charging concessional rate of 0.01% GST as per decision of GST Council in its 22nd Meeting held on 6th October,2017. In view of the above merchant exporter ....

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....can procure goods for export with full rate of GST or any concessional rate? Secondly the above concession is only for merchant exporter and manufacture exporter also. Reply By Rajagopalan Ranganath....

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....an: The Reply: Sir, Necessary Notification under IGST Act is yet to be issued. The rate mentioned by you will come into effect from the date of issue of relevant Notification. Till then you have to ....

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....pay IGST at applicable rate. Reply By Kishan Barai: The Reply: No , 0.01% GST would not be charged, that has been clarified by FIEO. Merchant Exporter can procure goods without payment of GST again....

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....st LUT, your Co. needs LUT approval by GST Jurisdiction near your area which has been provided to every exporter. Enjoy Zero GST on Exports. Reply By manoj kumar: The Reply: Dear Sir, Kindly clar....

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....ify the concessional rate of 0.1 % & 0.05 % . Where is applicable & when its use . Kindly suggest us & send your valuable reply. Regards, Manoj<br> Discussion Forum - Knowledge Sharing ....