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MERCHANT EXPORTER

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..... As per GST a Manufacturer Exporter can Export Goods without payment of IGST on Bond / LUT, and Similarly and Merchant Exporter can Export goods without Payment of IGST on Bond / LUT. Exporter Procedure vide Circual No 26/2017 prescribed by the Board is silent on Manufacturer and Merchant Exporter. My Question is, How will Manufacturer raise invoice to an Exporter with IGST or without IGST ? - R .....

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..... eply By PAWAN KUMAR - The Reply = Dear Sir, As per my view, the transaction of supply in case of export will be done thru. Bill to ship to basis. The merchant will be as buyer and ultimate customer out of india will be consignee and in such case, the GST will be charged as per buyer,s location which in turn prepare documents for subsequent export without payment of IGST undet bond/LUT. - Repl .....

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..... y By Kishan Barai - The Reply = With the onset of GST, extant procedures relating to export of goods viz. claim of rebate/refund, stuffing of containers at the factory, warehouse or any other place from where the goods are intended to be exported etc. would require review of the existing procedures. In this regard, attention is drawn to notification No's 42/2001-CE (N.T.) to 45/2001-CE (N.T. .....

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..... ) both dated 26.6.2001 detailing the procedure to be followed for the export of goods on payment of terminal excise duty and 19/2004-CE (N.T.) and 20/2004-CE (N.T.), both dated 06.09.04 , without payment thereof. - Reply By Ramesh Kothari - The Reply = In my opinion Merchant exporter can directly export undet bond or LUT from Manufacturer premises under factory stuffing 0 % GST Invoic .....

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..... e raised by Mfr favoting to ME Qmentioning supply meant for export without payment of IGST However take 2nd opinion to clarify urself and request if get different opinion Pl mail to - MERCHANT EXPORTER - Query Started By: - parmender kochar Dated:- 3-7-2017 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opini .....

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..... on Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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