Export of Service
Heena Manuja (Proprietor) (31 Points)
12 September 2020Heena Manuja (Proprietor) (31 Points)
12 September 2020
prasad Nilugal
( GST Practitioner & Accounts )
(14863 Points)
Replied 12 September 2020
Export is zero rated supply under GST act , you can export either by paying IGST and then claim refund or submit Letter of Undertaking ( subject to conditions ) without payment of IGST .
Heena Manuja
(Proprietor)
(31 Points)
Replied 12 September 2020
prasad Nilugal
( GST Practitioner & Accounts )
(14863 Points)
Replied 12 September 2020
Yes , Import Export code ( IEC) is the most Important and mandatory for Export & Import . Without Code you can not export . Details you check on Directorate General of foreign Trade web Site .
Pankhuri Agrawal
(Chartered Accountant)
(412 Points)
Replied 13 September 2020
IEC is must for import-export in India
prasad Nilugal
( GST Practitioner & Accounts )
(14863 Points)
Replied 13 September 2020
yes , for both export of Goods & services IEC is mandatory .
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