Tax Bifergation on deemed export

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....ax Bifergation on deemed export<br> Query (Issue) Started By: - sanjay khatri Dated:- 21-11-2017 Last Reply Date:- 22-11-2017 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>Dear Expert, on deemed export if goods are sold is within state then what shoud i charged on nvoice 0.1% IGST or 0.05% CGST and SGST or 0.1% CGST? Reply By Rajagopalan Ranganathan: The Reply: Sir, Whether it is expo....

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....rt or deemed export it will be treated as inter-state supply and IGST rate of 0.1% rate is applicable. This is in respect of when supply is made by the supplier directly to the recipient without any intermediary in between. If you supply the goods to a merchant exporter who is located within the same state then 0.05% of CGST and 0.05% of SGST will be applicable. If the merchant exporter is located....

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.... in other state then IGST @ 0.1% is applicable. This is my view. Reply By Ganeshan Kalyani: The Reply: Refer Notification No. 40/2017-Central Tax (Rate). Reply By ANITA BHADRA: The Reply: Sir Small doubt :- If exporter sales goods , should not it be zero rated ? 1% rate is for mercantile exporter , means a trader sales goods to exporter . Or in other words , purchase of exporter will be 1%....

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.... and export ( sale) will be zero rated . Experts are requested to correct me , if I am wrong Regards CA Anita Bhadra Reply By Ramaswamy S: The Reply: Dear Querist The query needs to be clear. If the supplies are to advance authorisation holders or to EPCG license holders or to EOU , it is a deemed export. Supplies to EOU or manufacturers holding AA or EPCG will be on payment of applicab....

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....le GST. The refund of GST can be either by the supplier or the recipient. The applicable GST means IGST or CGST+SGST as the case may be. The rate of 0.1% is to a merchant exporter and not to manufacturer exporter. Regards S.Ramaswamy<br> Discussion Forum - Knowledge Sharing ....