Sir
Query 1.
Whether igst purchases being made @ 0.1% by the exporter , ITC is available against those purchases or not !
If not , whether we can enter the same ineligible credit amount !
Query 2
Whether supplier who is supplying goods to merchant exporters @ 0.1%, can avail ITC on those purchases. Whether he is entitled to claim refund under Inverted Tax Structure ??
Whether sale to merchant exporters will be treated as export?
CAclubindia
