IGST ON DIRECT EXPORT, Goods and Services Tax - GST

[SURYAKANT MITHBAVKAR]

We are manufacturing Pharmaceutical Machinery having Domestic Sale and two type of export. i.e. Manufacturing Export & Treading Export (Earlier Under B1 Bond-CT-1)

In Manufacturing Export we have exported our Machinery and Trading export we have buying from other Manufacturing unit and export the same.

Now, in GST regime we have to buy machinery for trading export with payment of CGST/SGST/IGST (CT-1 is no more exists).

My question is that can we avail the credit of CGST/SGST/IGST of buying trading export machinery against our CGST/SGST/IGST payable on Sales in Domestic or apply for Refund.

Posts / Replies

[Himansu Sha]

both the things possible

[KASTURI SETHI]

No bar. It is your option. Better option is to avail ITC. Hence support the views of should.Himanshu Sha , an expert. You may be knowing restrictions between SGST and IGST etc.