For my situation – conducting export business being a proprietor can I ask my supplier of goods to only add 0.1% of IGST so that I don’t have to pay 18%.
Somebody told me that, now this 0.1% provision is over ?
Menu
Does 0.1% IGST on intra-State supply of taxable goods for export still exist ?
Replies (3)
Quick Summary
Hi Mack,
If you are a merchant exporter and buying goods from Manufacturer then the supplier has option to charge GST at 0.1 % subject to other conditions of the such supply.
Thanks
Bhavana K L
Chartered Accountant
Bhavana @ lbkca.in
If you are a merchant exporter and buying goods from Manufacturer then the supplier has option to charge GST at 0.1 % subject to other conditions of the such supply.
Thanks
Bhavana K L
Chartered Accountant
Bhavana @ lbkca.in
It is still existing.
ok this rule only applies to traders and merchants involved with tangible products and not for a service provider for example if software engineer 'A' will make software for me and then I further send this to the client in USA then can I ask from Sofware engineer 'A' (supplier) to only add 0.1% of GST ?
And then can I also add 0.1% GST on the export selling price (if not using LUT) or I have to add 18% or the mentioned rate of IGST ?
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
