Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Clearance to Merchant Exporter

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Under GST, The merchant exporter has to mentioned details of suppliers such as Tax invoice number,GSTN No. in their shipping bill. In routine the exporter has pass shipping bill in advance (Before pro .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cure material from supply) now exporter insists invoice from supplier before removal of material from suppliers premises . (In short the material may be despatched from supplier after two to three .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... days after prepare the tax invoice) Is it allow under GST Act . and what type of precaution to be taken under this type of transaction. - Reply By Ganeshan Kalyani - The Reply = Invoice cannot .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... be issued before the material is supplied. - Reply By Ramaswamy S - The Reply = The supplier to raise an invoice either before removal or at the time of removal of goods to the merchant exporter on .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... payment of GST as applicable to merchant exporter. The merchant exporter to raise his GST invoice for export either on payment of IGST or under LUT/Bond without payment of IGST and can claim refund i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n either cases. Regards S.Ramaswamy - Clearance to Merchant Exporter - Query Started By: - SURYAKANT MITHBAVKAR Dated:- 15-11-2017 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates