Gst to sez: should i take lut for my company?

204 views 1 replies

Business

81 Points Joined August 2017

We are supplying auto machine parts, and also involve in supply designs and fabrications.

Some of our customer are asking invoice without GST based on a SEZ letter they have obtained.

Is it OK to provide them invoice without GST? Will I be in any trouble?

Also should I pay the GST for such invoice to the government?

If I sent invoice without GST to customer but pay GST, then I am paying tax for them? They are telling I have to take LUT.

Or should I not pay GST for such invoices since they are also not paying?

Please advice on this issue

Thanks & Regards.

Replies (1)

MANAGER -FINANCE & ACCOUNTS

66 Points Joined December 2008

THERE ARE TWO WAYS TO SUPPLY OF GOODS TO SEZ UNITS

1. PAYMENT OF DUTY ; DUTY CHARGED AND PAID BY SUPPLIER AND TAKE REFUND OF PAID GST FROM GST OFFICE

2. WITHOUT PAYMENT OF DUTY : APPLY LUT FOR SUPPLY OF GOODS WITHOUT DUTY FROM GST OFFICE AND RAISE INVOICE WITH LUT NO .............AND GST @ NIL

FURTHER CLARRIFCATION , PLEASE CONTACT 9842484878

Your are not logged in . Please login to post replies

Click here to Login / Register