Export in gst
This query is : Open
16 August 2017
1. Is there any other duty to be paid for Exporters apart from IGST while exporting goods.
2. How to get/apply for BOND/LUT and it should be applied for every export or once. Is there any conditions for getting that. To whom it should be applied.
3. Can exporters claim Input credit for their purchase along with the IGST they paid.
4. How to claim refunds in case exporters who are exporting regularly basis(ie. daily).
5. Is there any other options to export goods without paying IGST and LUT/Bond.
2. How to get/apply for BOND/LUT and it should be applied for every export or once. Is there any conditions for getting that. To whom it should be applied.
3. Can exporters claim Input credit for their purchase along with the IGST they paid.
4. How to claim refunds in case exporters who are exporting regularly basis(ie. daily).
5. Is there any other options to export goods without paying IGST and LUT/Bond.
19 August 2017
Point wise Relied as under :
1. Is there any other duty to be paid for Exporters apart from IGST while exporting goods.---- There is no other duty except export duty on some products
2. How to get/apply for BOND/LUT and it should be applied for every export or once. Is there any conditions for getting that. To whom it should be applied.--- Please refer to Circular No. 5/5/2017 - GST dated 11.08.2017
3. Can exporters claim Input credit for their purchase along with the IGST they paid.-- you can claim either refund of Input credit or you can claim rebate of the iGST paid by you on export
4. How to claim refunds in case exporters who are exporting regularly basis(ie. daily).-- please refer to Chapter X of the GST rules
5. Is there any other options to export goods without paying IGST and LUT/Bond. -- No, there no third option
1. Is there any other duty to be paid for Exporters apart from IGST while exporting goods.---- There is no other duty except export duty on some products
2. How to get/apply for BOND/LUT and it should be applied for every export or once. Is there any conditions for getting that. To whom it should be applied.--- Please refer to Circular No. 5/5/2017 - GST dated 11.08.2017
3. Can exporters claim Input credit for their purchase along with the IGST they paid.-- you can claim either refund of Input credit or you can claim rebate of the iGST paid by you on export
4. How to claim refunds in case exporters who are exporting regularly basis(ie. daily).-- please refer to Chapter X of the GST rules
5. Is there any other options to export goods without paying IGST and LUT/Bond. -- No, there no third option
20 August 2017
Sir Thanks for your reply.
I am an small exporter( below 1.5 Crore), exporting Ayurvedic products and medicines which is purchased from local. 1.How to know whether the goods exported is having export duty.
2.For Paying IGST(Export) can I utilize the ITC of local purchase.
3.Which is best option to me for exporting goods(Either by Bond or by paying IGST), please suggest me.
I am an small exporter( below 1.5 Crore), exporting Ayurvedic products and medicines which is purchased from local. 1.How to know whether the goods exported is having export duty.
2.For Paying IGST(Export) can I utilize the ITC of local purchase.
3.Which is best option to me for exporting goods(Either by Bond or by paying IGST), please suggest me.
20 August 2017
1. whether the goods exported is having export duty -- your product is not liable for export duty
2.For Paying IGST(Export) can I utilize the ITC of local purchase.-- yes you can
3.Which is best option to me for exporting goods(Either by Bond or by paying IGST), please suggest me.--- normally on payment of IGST
2.For Paying IGST(Export) can I utilize the ITC of local purchase.-- yes you can
3.Which is best option to me for exporting goods(Either by Bond or by paying IGST), please suggest me.--- normally on payment of IGST
Message likes :
1 times
22 August 2017
Sir, One more doubt whether IGST is to be paid while exporting the goods or at the time filing return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
