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Gst for exporter

Import / Export 181 views 1 replies

nilesh

accountant

24 Points Joined May 2012

D.ALL, WE ARE EXPORTER, PREVIOUSLY WE ARE ISSUE 'H ' FOR FOR V.A.T. TAX ( FOR NO PAYMENT OF V.A.T ) & GIVEN BOND FOR C.E.D. SO NOT TO PAY ANY EXCISE DUTY. NOW FORM 1st OF JULY 2017 . G.S.T. WILL START . WHAT IS SYSTEM TO NOT PAY ANY G.S.T. FOR EXPORT OF ANY KIND OF GOODS EXPORT TO OUT OF INDIA.? IF WE ARE PAYING G.S.T. AT TIME OF PURCHASE . THAN HOW WE GATE REFUND. AFTER EXPORTING THE SAID GOODS?

Replies (1)

CA KANJ GOEL

OWNER

1378 Points Joined June 2017

Dear Nilesh,

In GST there is no process of procurement of goods for exporting goods without payment of GST, (Form H has been abolished) hence you have to procure the goods on GST levied invoices but you can avail the refund of taxes paid on exported goods from the department in accordance with Refunds Rules.

Thanks

CA Kanj Goel

9015980399