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Export of vegitables

18 June 2022

i am planing to export vegitables. i have taken gst reg. should i collect gst while exporting? pls rply thanks in advance.

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7 Replies

CA Ankith Jain (Chartered Accountant) (973 Points)
Replied 18 June 2022

Few vegetables are exempt from tax and few are taxable.
If the vegetables you are exporting are exempt, then dont collect tax and for the vegetable attracts tax, take the LUT and dont collect any taxes while exporting. Also you are eligible for claiming refund of Input tax credit. For any queries mail to caankithjain @ gmail.com.

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CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 18 June 2022

When exporting you don't collect tax from your customers. Moreover fresh vegetables are exempt from gst.

sabyasachi mukherjee (27579 Points)
Replied 18 June 2022

Vegetables if required are all exempted unless packed.

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CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 18 June 2022

Apply for LUT and no need to pay any GST on export.

sathya kumar s (Accountant) (199 Points)
Replied 18 June 2022

ONE QUERY :-

If only export of GST Exempted Vegetables are carried on, is it LUT necessary to claim refund of Input Tax Credit ?

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CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 18 June 2022

LUT is required for non payment of tax on outward supplies, however ITC refund claimed without LUT.

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NICSON JOHN (514 Points)
Replied 21 June 2022

I understand that if vegitables exported are exempt from tax i need not file LUT ..and i can claim the refund without filing LUT....Is it wright? pls reply