Deemed Export benefit under Notfication No.47/2017 C.T dated 18.10.17
Query (Issue) Started By: – SURYAKANT MITHBAVKAR Dated:- 24-10-2017 Last Reply Date:- 26-10-2017 Goods and Services Tax – GST
Got 3 Replies
GST
we have manufacturing machinery and supply to customer who is exporting the same (Deem Export)
Whether we have to charge GST full rate or supply without GST.
If without GST what procedure to adopt.
Pl advice.
Reply By Rajagopalan Ranganathan:
The Reply:
Sir,
According to third proviso to Section 89 (1) of CGST Act, 2017 in respect of supplies regarded as deemed expor the refund application may be filed by
(a) the recipient of deemed export supplies; or
(b) the supplier of deemed export supplies in cases wher
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xporter) of goods for exports subject to fulfilment of conditions laid down in notification as foolows.
(i) the registered supplier shall supply the goods to the registered recipient on a tax invoice;
(ii) the registered recipient shall export the said goods within a period of ninety days from the date of issue of a tax invoice by the registered supplier;
(iii) the registered recipient shall indicate the Goods and Services Tax Identification Number of the registered supplier and the tax invoice number issued by the registered supplier in respect of the said goods in the shipping bill or bill of export, as the case may be;
(iv) the registered recipient shall be registered with an Export Promotion Council or a Commodity Board recognis
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rom multiple registered suppliers and then export, the goods from each registered supplier shall move to a registered warehouse and after aggregation, the registered recipient shall move goods to the Port, Inland Container Deport, Airport or Land Customs Station from where they shall be exported;
(viii) in case of situation referred to in condition (vii), the registered recipient shall endorse receipt of goods on the tax invoice and also obtain acknowledgement of receipt of goods in the registered warehouse from the warehouse operator and the endorsed tax invoice and the acknowledgment of the warehouse operator shall be provided to the registered supplier as well as to the jurisdictional tax officer of such supplier; and
(ix) when goods
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