banner_ad

GST rate for merchant seller

Import / Export 287 views 4 replies

Hi, 

I'm planning to sell my product to merchant exporter who inturn export to other countries. He got LUT number and use that during export. 

My product GST rate is 5%. At what gst rate should I bill to him in India? same 5% or anything different to be billed. 

Replies (4)
As per Notification 41/2017 IGST (R) , rate of GST is 0.1% IGST .

Note :Merchant Exporter shall place an order on registered supplier for
procuring goods at concessional rate and a copy of the same shall also be
provided to the jurisdictional tax officer of the registered supplier.
The above GST rate is applicable if conditions prescribed in said Notification is satisfied

Hi sir, 

Thanks for the reply. 

I understood the merchant exporter should place an order to supply at concessional rate to supplier. 

Whether Exporter should submit the copy to tax officer or supplier can send copy on behalf of the exporter. 

THE SUPPLIER CAN SUBMIT COPY TO HIS JURISDICTION CIRCLE ON BEHALF OF EXPORTER.

 

NOTE : ATTACHED COVERING LETTER FROM SUPPLIER THAT "GST IS BEING CHARGED & COLLECTED ON FOLLOWING SUPPLY AT CONCESSIONAL RATE IN TERM OF NOTIFICATION 41/2017 IGST (R)"

 

If the merchant exporters satisfies all conditions then the rate of GST for merchant exporters is 0.1%


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details