Does my supplies comes under zero rated, exempted or taxable

Rate / HSN codes 135 views 1 replies

I buy Goods one state(Taxable CGST 2.5% and SGST 2.5%) and sell globally to individual buyers. Payments  are received by Paypal or bank transfers.

Is this mode considered as export  and what are my liabilities as a tax payer? 

If not exports am I liable to pay double taxes. I don't charge any taxes from my buyers.

 

Any inputs would be highly appreciated.

 

Replies (1)
MR Niranjan first of all u need to get registered yourself under GST act bcz u r making inter state supply under sec 24 of CGST act. then you can claim first ITC on sec 18. and then follow sec 16 and sec 17 for ITC. u can enjoy refund of ITC on export following sec 54.
thank you


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