Purchase of materials at 0.1% tax for export purpose

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Hi All,

Can anyone suggest me with regard to Notification No. 41/2017--Integrated Tax (Rate), New Delhi 23rd October 2017.

With regard to the above notification for exporters, can we purchase material at 0.1% Tax from the suppliers. If yes, what are the basic rules to be followed.

But, if you see in GST website, there is no option for the supplier to upload his Sales at 0.1% Tax rate. When will this option be implemented.

Thanks

Sridevi

Replies (4)
Yes but only upon fulfillment of prescribed conditions in notification

Hi Amol, 

But, what about my second doubt about returns filing. (But, if you see in GST website, there is no option for the supplier to upload his Sales at 0.1% Tax rate. When will this option be implemented).

Regards

These are initial stages Sridevi, if govt has issued notification they surely will provide required facilities on portal too, will have to wait till

Hi Amol,

Thanks for the reply, if I am right, Interstate purchase i.e., IGST purchase is 0.1% and Local purchase i.e., CGST at 0.05% and SGST at 0.05%.

The above calculation is correct?

Regards

Sridevi


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