Manufacturing export and merchant export
X X X X Extracts X X X X
X X X X Extracts X X X X
....anufacturing export and merchant export<br> Query (Issue) Started By: - Abhay Inamdar Dated:- 21-5-2018 Last Reply Date:- 22-5-2018 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>Pls guide whether a manufacturing exporter can do MERCHANT EXPORT with same GSTIN. Reply By Alkesh Jani: The Reply: Sir, The GST regime is supply based, export is considered as zero-rated supply. As a manufac....
X X X X Extracts X X X X
X X X X Extracts X X X X
....turing exporter, a person receives input(s) in order to make finished goods. For example, ingredients a, b and c are received and final product X is made out of it and same is exported. On other than a person receives product X and exports it. Every person can export the goods and/or services. In GST even unregistered person can export goods and/or services. In my point of view, Yes you can expor....
X X X X Extracts X X X X
X X X X Extracts X X X X
....t the goods with same GSTIN, as there is no concept of merchant exporter in GST. However, benefit of Notification No.40/2017-CT-(Rate) dated 23.10.2017, is not available to manufacture the final product to be exported. Our experts may correct me if mistaken. Thanks Reply By Rajagopalan Ranganathan: The Reply: Sir, I agree with the views of Shri. Akilesh. Reply By YAGAY and SUN: The Reply: I....
X X X X Extracts X X X X
X X X X Extracts X X X X
....n this scenario, on your IEC both the categories must be mentioned e.g. Manufacture Exporter & Merchant Exporter. Reply By Abhay Inamdar: The Reply: Thanks everybody. Just clearing what I understood.... * When we manufacture a product, we need to pay normal GST for purchasing the materials and services required for this. * When we purchase a different product for exporting, we can buy with ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Benefit of 0.1% GST. Due respect to all the conditions. * We need to specify these categories to authorities. * All this can be done with the same GSTIN. Is it correct? Reply By KASTURI SETHI: The Reply: In my view you are correct. Needless to say you will have to follow the guidance given by all experts. The concept of Merchant export has not abolished. Reply By Alkesh Jani: The Reply: ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Sir, Please refer Trade Notice No.09 dated 12.06.2017, issued by DGFT, which may help you. Thanks<br> Discussion Forum - Knowledge Sharing ....