Goods and Services Tax – Started By: – SHAHID HASHMI – Dated:- 22-10-2018 Last Replied Date:- 24-10-2018 – Sir, We are manufacturer and exporter of Wires & Cables. We are selling our products in domestic market as well as also exporting its outside India. We are getting MEIS Script. Now we are selling the MEIS Script in domestic market. Earlier there was IGST 12% /5%. As per recent Notification , Sales of script is come under exempted supply under Chapter heading 4907. My queries are as follows: (i) Whether at the time of supply of MEIS as goods covered under 4907 as exempt supply, is it fulfill the provisions of section 17(2) of the act. (ii) Whether we have to reverse the GST ITC (Credit) for the above supply in spite of we did not t
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