Today under VAT/CST merchant exporters can purchase goods without payment of tax on furnishing of a declaration form. Will this system be there in GST?
Question 19
Bill
Refunds
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 19. Today under VAT/CST merchant exporters can purchase goods without payment of tax on furnishing of a declaration form. Will this system be there in GST?
Ans. No, there will be no such provision in GST. They will have to purchase goods upon payment
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