Hi Experts
Can pls any one tell is there ARE1,ARE3 &CT1 &CT3 conspet still.after GST...
Karthik Kumar N (Asst Manager Finance & Accounts) (81 Points)
25 January 2018Hi Experts
Can pls any one tell is there ARE1,ARE3 &CT1 &CT3 conspet still.after GST...
satya
(Executive Excise)
(1839 Points)
Replied 25 January 2018
All previous forms under Central Excise have been dispensed in GST laws;
as of now no such type of Tax exemptions(CT1 n CT3) in GST laws. we may expect in future...
Karthik Kumar N
(Asst Manager Finance & Accounts)
(81 Points)
Replied 26 January 2018
satya
(Executive Excise)
(1839 Points)
Replied 27 January 2018
Yes dear, in GST Exports are covered under rule 96 of CGST Rules and it is to be called ZERO RATED.
1) with payment of IGST
2) without payment of IGST- LUT to be obtain from Jurisdictional AC/DC.
Karthik Kumar N
(Asst Manager Finance & Accounts)
(81 Points)
Replied 27 January 2018