8/2/2023 0 Comments Merchant exporter example![]() i) The merchant who is the exporter here should have registered themselves with the GST and also the Export Promotion Council or the Commodity Board recognized by the Department of Commerce of India.The following points should be noted with respect to the merchant exporter under GST: Hence, we can say that the merchant exporter should mandatorily take registration under GST Act. Reading both the above-stated provisions together, we can say that as the merchant exporter is located in India is exporting the goods to customers outside India, this can be treated as inter-state supply. Under the Goods and Services Tax( GST), supply means, “a supply of goods or services or both which is levied to tax as per provisions of Section 2(108) of the CGST Act.”Īnd as per section 7(5), of the IGST Act, it has been stated that “where a supplier is located in India, and the place of supply is outside India, it is treated as an inter-state supply.” Merchant Exports under GST – Allied Provisions And for increasing this government always provides various benefits and concessions to such exporters. ![]() Thus, we can conclude that exports are important for any country as they would bring in foreign currency to the economy and strengthen the same.In case the supplier charges the merchant exporter at regular rates of GST and the exports are done with the payment of IGST.A merchant exporter can place an order with manufacturer for delivering the goods ordered directly to customer or who are located outside India.
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