TMI BlogMEIS licensesX X X X Extracts X X X X X X X X Extracts X X X X ..... What is the Rate of Tax on Sale of intangible Items like MEIS licenses and others from export incentive scheme. - Reply By Kishan Barai - The Reply = No Tax on transferring MEIS license to other Importer / Exporter as it is done online but MEIS Broker do charge for their services, for those services charge 18% would be attracted - Reply By MUKUND THAKKAR - The Reply = please check your items ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under which items you had obtain MEIS and charged GST accordingly for sales of MEIS. - Reply By Sunil Godbole - The Reply = The reply was please check your items under which items you had obtain MEIS and charged GST accordingly for sales of MEIS. If we export GST Exempted Goods then there will not be any tax and if we export GST 5% rated Goods then there will be 5% GST: Is this the cor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rect interpretation ? - Reply By Rahul Agrawal - The Reply = GST Rate on MEIS might be 12% same is not clear yet. Read this article it might help you. http://www.business-standard.com/article/economy-policy/sale-of-scrips-under-export-promotion-schemes-to-attract-12-gst-117080400040_1.html - Reply By Ganeshan Kalyani - The Reply = Duty Credit Scrips fall under HSN 4907 attracting GST@NIL , a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s given under Notification no. 2/2017-CTR dated 28.06.2017 as updated from time to time. Thanks. - MEIS licenses - Query Started By: - Kusalava InternationalLimited Dated:- 7-7-2017 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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