Goods and Services Tax

Goods and Services Tax – Started By: – RAMESH SINGLA – Dated:- 6-10-2017 Last Replied Date:- 7-10-2017 – I have been looking for an answer as to whether section 17(5)(c) bars the credit when works contract service are supplied for construction of an immovable property. The language of the section apparently bars such ITC except when such works contract service is input service for further supply of works contract service. Therefore, it appears that the builders who are building or getting constructed buildings which are obviously, immovable properties, would not be eligible for ITC. I request the experts to read the section and then give the opinion. My view is that the ITC is not admissible to the builders in view of the language used in

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t the statutory provisions strictly according to the language used by the legislature. Moreover while interpreting the statutory provisions no intendment is permissible. – Reply By KASTURI SETHI – The Reply = Sh.Ranganathan Sir,. It needs more x-ray of the phrases used in the construction of Section 17(5)(c). Will you please spare time for throwing more light word for word ? Thanks a lot. – Reply By Himansu Sekhar – The Reply = During the construction stage it becomes a service and the servicer is provided to another customer. This is also a works contract service. The building is not constructed on his own account also. The credit on the basis of bills of subcontractors who may be providing works contract services is not deniable as the sa

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GST : Frequently Asked Questions – Goods and Services Tax – GST – Dated:- 6-10-2017 – PDF Download – News – Press release

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GST : Frequently Asked Questions – Goods and Services Tax – GST – Dated:- 6-10-2017 – PDF Download – News – Press release

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FAQ – GST – Goods and Services Tax – GST – Dated:- 6-10-2017 – PDF Download – News – Press release

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Goods and Services Tax – Started By: – RameshBabu Kari – Dated:- 6-10-2017 Last Replied Date:- 7-10-2017 – Dear Experts,A Software company reimburses certification course done by the employees of the company through online from the institute located in USA in non taxable territory. After completion of the Course, company will reimburse to expenditure inccured to get that certificate and does it attract RCM ? if so, can company avail ITC on such RCM ? Does amounts to import of service ? – Reply

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Goods and Services Tax – Started By: – kantipudi satyanarayana – Dated:- 6-10-2017 Last Replied Date:- 8-10-2017 – For cancellation of registration GST REG 16 has been prescribed. But it has not so far been activated in the portal. What is the fate of the migrated assessee If he is not allowed to cancel his GST regn when he expects that his gross receipts would be below the threshold limit. Whether shall he not raise tax invoices till GST REG 16 is activated? Or shall he keep on issuing tax invoices without charging GST? What about filing of GST Returns? Can he show his monthly taxable turnover to be nil? Is it fair on the part of the Govt not to allow the assessee to cancel his registation? My question is what to do during the intervening

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e time. Rightly advised by an expert. – Reply By Rajagopalan Ranganathan – The Reply = Sir, According to Section 22 (2) of CGST Act, every person who, on the day immediately preceding the appointed day, is registered or holds a licence under an existing law, shall be liable to be registered under this Act with effect from the appointed day. If your turnover is below the limit of ₹ 20 lakhs, please contact your range officer or Seva Kendra of your Commissionerate seeking their help in cancellation of the registration. – Reply By kantipudi satyanarayana – The Reply = Dear experts, thanks for your timely response. I wish to invite your attention to the following: 1. I got migrated to gst as it is a must who have othewise been on excise o

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Goods and Services Tax – Started By: – nandankumar roy – Dated:- 6-10-2017 Last Replied Date:- 8-10-2017 – DEAR SIR,TO AVOID BOND WE HAVE SUPPLIED TO SEZ UNIT WITH IGST WITHIN SAME STATE. WHETHER IT WILL BE CREATE ANY PROBLEM IN RETURN AND SALES IS ONLY YRLY 12 LACS APPX. PL HELP.N K ROY – Reply By Rajagopalan Ranganathan – The Reply = Sir, According to Section 2 (m) (ii) of THE SPECIAL ECONOMIC ZONES ACT, 2005 export means supplying goods, or providing services, from the Domestic Tariff Area to a Unit or Developer. Therefore any supply made to SEZ is treated as export and liable to pay IGST. Therefore your supply on payment of IGST even though the supply is within the same State is in order. For detailed procedure for export please see Circular No. 8/8/2017-GST dated 4.10.2017 issued by CBEC which is available in TMI web site. – Reply By nandankumar roy – The Reply = THANKS SIRJI,ROY – Reply By KASTURI SETHI – The Reply = Excellent reply by Sh.Ranganathan Sir. To the point. – Reply B

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eligible to claim refund under either of the following options, namely:- (a) he may supply goods or services or both under bond or Letter of Undertaking,subject to such conditions, safeguards and procedure as may be prescribed, without payment of integrated tax and claim refund of unutilised input tax credit; or (b) he may supply goods or services or both, subject to such conditions,safeguards and procedure as may be prescribed, on payment of integrated tax andclaim refund of such tax paid on goods or services or both supplied,in accordance with the provisions of section 54 of the Central Goods and Services Tax Actor the rules made there under. So from above it will not create any problem. – Reply By Kishan Barai – The Reply = In exercise of the powers conferred by section 54 of the Central Goods and Services Tax Act, 2017, and section 20 of the Integrated Goods and Services Tax Act, 2017, sub-rule (5) of rule 96A of the Central Goods and Services Tax Rules, 2017, and in supersession

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and fifty lakh rupees; (ii) the Letter of Undertaking shall be furnished on the letter head of the registered person, in duplicate, for a financial year in the annexure to FORM GST RFD – 11 referred to in sub-rule (1) of rule 96A of the Central Goods and Services Tax Rules, 2017 and it shall be executed by the working partner, the Managing Director or the Company Secretary or the proprietor or by a person duly authorised by such working partner or Board of Directors of such company or proprietor; (iii) where the registered person fails to pay the tax due along with interest, as specified under sub-rule (1) of rule 96A of Central Goods and Services Tax Rules, 2017, within the period mentioned in clause (a) or clause (b) of the said sub-rule, the facility of export without payment of integrated tax will be deemed to have been withdrawn and if the amount mentioned in the said sub-rule is paid, the facility of export without payment of integrated tax shall be restored. 2. The provisions of

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Goods and Services Tax – Started By: – PAWANKUMAR GARG – Dated:- 6-10-2017 Last Replied Date:- 8-10-2017 – SIR, A RETURN IN FORM GSTR-4 CAN NOT BE FILED WITHOUT WITHOUT AUTO POPULATING THE DATA IN GSTR-2 FOR THE Q.ENDING 30.09.2017. PLEASE LET ME KNOW THE WAY . – Reply By KASTURI SETHI – The Reply = Software is likely to be amended. So many deficiencies are therein. Date of quarterly return may be extended because still filing of GST return for July, 17 is in progress. So wait for rectification

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Goods and Services Tax – Started By: – PAWANKUMAR GARG – Dated:- 6-10-2017 Last Replied Date:- 6-10-2017 – SIR,I WANTS TO KNOW THE HSN CODE AND RATE OF GST ON THE SALE OF TROLLY USED BY AGRICULTURIST

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Goods and Services Tax – GST – By: – Swati Kharkia – Dated:- 6-10-2017 – Anticipations from over a decade were put to rest on July 1, 2017 when India's biggest tax reform since independence, Goods and Services Tax (GST) was launched. With an attempt to create historic mark, the Government although claims to have succeeded in this smooth transition from the earlier tax regime to the new tax regime, but the scenarios after 75 days of its implementation does not justify the same. GST – A Goods & Simple Tax as christened by our Hon ble Prime Minister to make it look simple, but it didn t really change the hard realities faced by the public. Even after multiple representations from various sectors to postpone the date of the implementation of this historic reform , GST was implemented as planned by the Government albeit after 3 months from the scheduled date of 1st April 2017. Was the timeliness actually fruitful? Various instances of the difficulties being faced by the vast number

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ll, people started managing and memorising all they could to survive in the new regime with the typical Indian attitude of Jugaad . But… Just as they started understanding and implementing whatever they had learnt, amendments to the notifications started flowing in! Ah, Forget and Re-learn – The law of survival. More and more notifications were issued after 1st July which kept amending what was notified at an earlier date. When the government itself was not sure how things should be placed, with the GST Council also not being clear on the modalities (despite so many meetings at the cost of the public money), the public is expected to adapt to the new system. No complaints still, people continued the process of forgetting and relearning. With an approach to minimising tax evasion, monthly return filing system was adopted in GST. But as soon as the first due date approached, the Government seeming unready with their own infrastructure, brought in a Short-cut return called GSTR – 3

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that if the system is not able to handle so many users together, if the bandwith is so weak, if the ASP/GSP are not properly trained, if the forms are not ready for use, then why is the monthly system of filing not being done away with! Is the extension in deadlines an intelligent solution to this disease of system error ? Or is it the manner in which time is given to the developer of the GSTN to put its house in order (both internally and externally)! Its high time the Government, more particularly the Hon ble Prime Minister intervene and wield its power to ensure the GSTN is up and running with the expectancy of more than 80 lakh users all at one time. The Government should also reconsider its decision and change the monthly system of filing returns to quarterly or half yearly. This will give the Government more time to put build a reliable network and enable the Government to revert to monthly compliance with the FY 2018-19. Alternatively, the Government should build such an infras

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Goods and Services Tax – GST – By: – CA.VINOD CHAURASIA – Dated:- 6-10-2017 – Introduction: In this article we shall be discussing about revised & consolidated procedure for submission of letter of undertaking / Bond for export without payment of IGST. Central Govt. vide its circular no. 8/2017 dated 04/10/2017 has revised, relaxed and consolidated the procedure for submission of letter of undertaking / Bond for export without payment of IGST which is enumerated below: 1. Due to the difficulties being faced by the exporters in submission of bonds/Letter of Undertaking (LUT for short) for exporting goods or services or both without payment of integrated tax, Notification No. 37/2017 – Central Tax dated 4th October, 2017 has been issued which extends the facility of LUT to all exporters under rule 96A of the Central Goods and Services Tax Rules, 2017 (hereafter referred to as the CGST Rules ) subject to certain conditions and safeguards. This notification has been issued in superses

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Integrated Goods and Services Tax Act, 2017 or any of the existing laws and the amount of tax evaded in such cases exceeds two hundred and fifty lakh rupees unlike Notification No. 16/2017-Central Tax dated 7th July, 2017 which extended the facility of export under LUT to status holder as specified in paragraph 5 of the Foreign Trade Policy 2015-2020 and to persons receiving a minimum foreign inward remittance of 10% of the export turnover in the preceding financial year which was not less than Rs. one crore. Validity of LUT: The LUT shall be valid for the whole financial year in which it is tendered. However, in case the goods are not exported within the time specified in sub- rule (1) of rule 96A of the CGST Rules and the registered person fails to pay the amount mentioned in the said sub-rule, the facility of export under LUT will be deemed to have been withdrawn. If the amount mentioned in the said sub-rule is paid subsequently, the facility of export under LUT shall be restored.

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applicable in the State in which the bond is being furnished. Documents for LUT: Self-declaration to the effect that the conditions of LUT have been fulfilled shall be accepted unless there is specific information otherwise. That is, self- declaration by the exporter to the effect that he has not been prosecuted should suffice for the purposes of Notification No. 37/2017- Central Tax dated 4th October, 2017. Verification, if any, may be done on post-facto basis. Time for acceptance of LUT/Bond: As LUT/Bond is a priori requirement for export, including exports to a SEZ developer or a SEZ unit, the LUT/bond should be processed on top most priority. It is clarified that LUT/bond should be accepted within a period of three working days of its receipt along with the self-declaration as stated in para 2(d) above by the exporter. If the LUT / bond is not accepted within a period of three working days from the date of submission, it shall deemed to be accepted. Bank guarantee: Since the facili

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rs: Till mandatory self-sealing is operationalized, sealing of containers, wherever required to be carried out under the supervision of the officer, shall be done under the supervision of the central excise officer having jurisdiction over the place of business where the sealing is required to be done. A copy of the sealing report would be forwarded to the Deputy/Assistant Commissioner having jurisdiction over the principal place of business. Purchases from manufacturer and Form CT-1: It is clarified that there is no provision for issuance of CT-1 form which enables merchant exporters to purchase goods from a manufacturer without payment of tax under the GST regime. The transaction between a manufacturer and a merchant exporter is in the nature of supply and the same would be subject to GST. Transactions with EOUs: Zero rating is not applicable to supplies to EOUs and there is no special dispensation for them under GST regime. Therefore, supplies to EOUs are taxable like any other taxa

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r Nepal or Bhutan . Accordingly, it is clarified that the acceptance of LUT for supplies of goods to Nepal or Bhutan or SEZ developer or SEZ unit will be permissible irrespective of whether the payments are made in Indian currency or convertible foreign exchange as long as they are in accordance with the applicable RBI guidelines. It may also be noted that the supply of services to SEZ developer or SEZ unit under LUT will also be permissible on the same lines. The supply of services, however, to Nepal or Bhutan will be deemed to be export of services only if the payment for such services is received by the supplier in convertible foreign exchange. l. Jurisdictional officer: In exercise of the powers conferred by sub-section (3) of section 5 of the CGST Act, it is hereby stated that the LUT/Bond shall be accepted by the jurisdictional Deputy/Assistant Commissioner having jurisdiction over the principal place of business of the exporter. The exporter is at liberty to furnish the LUT/bond

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2018 (4) TMI 1006 – GUJARAT HIGH COURT – 2018 (11) G. S. T. L. 304 (Guj.) – Transition of CENVAT credit to ITC under GST – condition contained in clause (iv) of subsection (3) of section 140 of the Central GST Act – With introduction of GST, the petitioners could avail their CENVAT credit of the stock of goods lying with the petitioners, on which, the purchases were made not earlier than one year – NOTICE issued. – Special Civil Application No. 18433 of 2017 Dated:- 6-10-2017 – MR. AKIL KURESHI AND MR. BIREN VAISHNAV, JJ. For The Petitioner : Uchit N Sheth, Advocate ORDER 1. Leave to amend. 2. The petitioners have challenged the condition contained in clause (iv) of subsection (3) of section 140 of the Central GST Act. The petitioners und

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GST – States – Va Kar/GST/07/2017-S.O. No. 089 – Dated:- 6-10-2017 – COMMERCIAL TAXES DEPARTMENT – NOTIFICATION 5th October, 2017 S.O. No. 89 Dated- 6th October, 2017-In exercise of the powers conferred by section 164 of the Jharkhand Goods and Services Tax Act, 2017 (12 of 2017), the State Government hereby makes the following rules further to amend the Jharkhand Goods and Services Tax Rules, 2017, namely:- (1) These rules may be called the Jharkhand Goods and Services Tax (Seventh Amendment) Rules, 2017. (2) Save as otherwise provided in these rules, this notification shall be deemed to be effective from 15th September, 2017. 2. In the Jharkhand Goods and Services Tax Rules, 2017, (hereinafter referred to as the principal rules), in rule 3 – (i) after sub-rule (3), the following sub-rule shall be inserted, namely:- (3A) Notwithstanding anything contained in sub-rules (1), (2) and (3), a person who has been granted registration on a provisional basis under rule 24 or who has applied

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fied in rule 117, rule 118, rule 119 and rule 120 may revise such declaration once and submit the revised declaration in FORM GST TRAN-1 electronically on the common portal within the time period specified in the said rules or such further period as may be extended by the Commissioner in this behalf. ; 4. In the principal rules, in rule 122, in clause (b), after the words Commissioners of State tax or central tax , the words for at least one year shall be inserted; 5. In the principal rules, in rule 124, – (i) for sub-rule (3), the following sub-rule shall be substituted, namely:- (3) The Technical Member shall be paid a monthly salary and other allowances and benefits as are admissible to him when holding an equivalent Group 'A' post in the Government of India: Provided that where a retired officer is selected as a Technical Member, he shall be paid a monthly salary equal to his last drawn salary reduced by the amount of pension in accordance with the recommendations of the Se

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re sent by a principal located in one State to a job-worker located in any other State, the e-way bill shall be generated by the principal irrespective of the value of the consignment; Provided further that where handicraft goods are transported from one State to another by a person who has been exempted from the requirement of obtaining registration under clauses (i) and (ii) of section 24, the e-way bill shall be generated by the said person irrespective of the value of the consignment. Explanation – For the purposes of this rule, the expression handicraft goods has the meaning as assigned to it in the Government of Jharkhand, Commercial Taxes Department, notification published in the Jharkhand Gazette vide number S.O 84 dated 5 October, 2017; 8. In the principal rules, with effect from the 1st day of July, 2017, in FORM GST TRAN-1 , (i) in Serial No. 5(a), in the heading, after the words, figures and brackets Section 140(1) , the words, figures, brackets and letter , Section 140 (4)

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GST – States – 96/ST-2 – Dated:- 6-10-2017 – GOVERNMENT OF HARYANA EXCISE AND TAXATION DEPARTMENT Notification The 6th October, 2017 No. 96/ST-2.- In exercise of the powers conferred by Section 164 of the Haryana Goods and Services Tax Act, 2017 (19 of 2017), the Governor of Haryana, hereby makes the following rules further to amend the Haryana Goods and Services Tax Rules, 2017, namely:- 1. These rules may be called the Haryana Goods and Services Tax (Eighth Amendment) Rules, 2017. 2. In the Haryana Goods and Services Tax Rules, 2017 (herein after called the said rules), in rule 24, in sub-rule (4), for the figures, letters and word, 30th September , the figures, letters and word 31st October shall be substituted. 3. In the said rules, in

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GST – States – F.12(5)FD/Tax/2017 – Dated:- 6-10-2017 – GOVERNMENT OF RAJASTHAN FINANCE (TAX) DEPARTMENT No. F.12(5)FD/Tax/2017 Jaipur Dated : 06-10-2017 All Additional Chief Secretaries/Principal Secretaries/ Secretaries, All Head of Departments, Rajasthan Subject – Registration of Tax Deductor at Source under GST Provision related to Tax Deduction et Source (TDS) has been enumerated in Section 51 of RGST Act & CGST Act and Section 20 of the IGST Act It is provided that TDS shall be done by a department or establishment of the Central Government or State Government, or Local Authority, or Governmental Agencies or such Persons or Categories of person as may be notified by the Government on the recommendation of the GST Council. These p

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from the payment made or credited to the supplier of taxable goods or services or both with effect from a date to be notified subsequently, on the recommendation of the Council, by the State Government. At present, provisions only relating to the registration under GST are in force and the functionality for registration of Tax Deductors under GST has been made operational on the GST Common Portal (www.gst.gov.in). It is provided that a person required to deduct tax under GST may apply for registration under GST on the basis of Tax Deduction and Collection Account Number (TAN) issued under the Income Tax Act, 1961. However, it would be pertinent to note that the actual deduction of tax is to commence only after date for the same is notified

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Goods and Services Tax – Started By: – VEMULA CHANDRASEKHAR – Dated:- 5-10-2017 Last Replied Date:- 8-10-2017 – Can any one guide on requirement of GST registration for a person who is exporter of services with the turnover of below 20 lakhs – Reply By KASTURI SETHI – The Reply = The element of inter-State sale is also involved. So no threshold exemption is available. However, export is zero rated and you can avail GST paid on inputs, input services etc. Registration is required. – Reply By Ganeshan Kalyani – The Reply = Registration is required. – Reply By Himansu Sekhar – The Reply = Exports are treated as interstate supply. On such a situation regn. Is mandatory – Reply By MARIAPPAN GOVINDARAJAN – The Reply = Since export is treated as

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Goods and Services Tax – Started By: – NS tawar – Dated:- 5-10-2017 Last Replied Date:- 5-10-2017 – Dear Sir Require discusssion and opinion on following Scenario -A Goods Transport Agency ( Let Say GTA -A) contacted to an other GTA, Truck Owner ( Lets Say GTA-B) to supply a truck to company ( Lets say comapany – C) for transportation of Goods . In This Case GTA -B Issued Invoice to GTA-A charging CGST @6% and SGST @6% . My Query are As Follows -1- Whether Services Given by one GTA to another G

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Goods and Services Tax – Started By: – Jatinder Kumar – Dated:- 5-10-2017 Last Replied Date:- 6-10-2017 – Dear Sir,We are run a private coaching centre, student paid course fees as per fees payment plan provided to student at a time of admission for example total course fees ₹ 40,000 payable as per following fees payment plan:01.08.2017 1000001.09.2017 1000001.10.2017 1000001.11.2017 10000Please guide me, if student paid fees only August, 2017 month, from 20.09.2017 student not coming for classes & not paying fees, we are book GST liability in our books as per fees payment plan. Can i issue credit note for reverse of GST liability which is already book for the month of September, 2017 (Classes provided to student till 20.09.2017)

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59.asp – Reply By KASTURI SETHI – The Reply = When invoice is not issued , liability arises from the due date of payment as per schedule in Prospectus. You will have to pay GST for full month of September. Regarding further guidelines for October onwards, you may contact your jurisdictional Range Officer and give in writing about factual position. You may get relaxation as when no consideration is likely to be received and no service is to be supplied , GST for what and on what grounds. – Reply By Rajagopalan Ranganathan – The Reply = Sir, It is sufficient if you pay gst for the month of August 2017 since you have provided coaching service for the month of August 2017 and collected the fees of ₹ 10,000/-. For the rest of fee schedule

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actual position. Then you can avoid paying GST for September, 17 ( up to 18.9.17). If you do not intimate about non receipt of consideration to the department you will have to pay GST. So to be on safer side, intimate the department. Also intimate there is no chance for recovery from the students as they have left. – Reply By Himansu Sekhar – The Reply = Up to sept. You have to pay gst. Afterwards gst is not leviable. If you have issued invoices from Oct. Issue credit note. – Reply By KASTURI SETHI – The Reply = Yes. Himanshu Ji. You are 100 % correct. – Reply By MARIAPPAN GOVINDARAJAN – The Reply = I endorse the views of Shri Himanshu – Reply By Jatinder Kumar – The Reply = Thank you very much all experts,Please note, September month GST p

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Goods and Services Tax – Started By: – JOSEPH DAVID – Dated:- 5-10-2017 Last Replied Date:- 6-10-2017 – Whether it is compulsory to fill C forms detail in TRAN1 if I am not Taking any transition credit of VAT but Taking credit of Cenvat and service tax. What if still some forms are pending and no vat credit available REGARDS JOSEPH DAVID – Reply By KASTURI SETHI – The Reply = If you do not fill Form C figures, it may mismatch the overall figures and mismatch may create problems. – Reply By Gane

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Goods and Services Tax – Started By: – Jatinder Kumar – Dated:- 5-10-2017 Last Replied Date:- 6-10-2017 – Dear Sir,Please note, Office staff provided by labour contractor (Un-registered dealer) to our partnership firm (Registered under GST)Payment around ₹ 50,000 per month paid to labour contractor.Please guide me, TDS provisions under GST is applicable or not on such transactions.Thanks & Regards,Jatinder Kumar – Reply By KASTURI SETHI – The Reply = TDS under GST is applicable on the transaction value (Excluding taxes) exceeding ₹ 2.50 lakhs. See Notification No.33/17 dated 15.9.17 effective from 18.9.17 CGST/SGST 1 % and if IGST 2%. – Reply By Jatinder Kumar – The Reply = Thanks Sir – Reply By Rajagopalan Ranganathan – Th

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es: Provided that no deduction shall be made if the location of the supplier and the place of supply is in a State or Union territory which is different from the State or as the case may be, Union territory of registration of the recipient. Are you falling under any of categories enumerated at (a) (b) (c) and (d) above? Then only you have to deduct TDS from the amount payable to the service provider. You say the service provider is unregistered. In that case you have to pay the tax under reverse charge mechanism under Section 9 (3) or 9(4) of CGST Act, 2017. This is my opinion. – Reply By Jatinder Kumar – The Reply = Thank you very much sir,Please provide GST Rate if tax paid under RCMRegards,Jatinder Kumar – Reply By Rajagopalan Ranganatha

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Goods and Services Tax – Started By: – RameshBabu Kari – Dated:- 5-10-2017 Last Replied Date:- 6-10-2017 – Dear Experts,Need clarification on renting of immovable property for the commercial use.If the owner has the properties in different states for eg. AP, TS and TN. He got registered under gst in the state of Telangana(TS) but not in AP and TN. In such cases, can owner of the property raise the bill to the tenant in AP and TN with IGST with getting registered under gst in the state of AP and TN ? Otherwise, does it need to take state-wise registration ? – Reply By Rajagopalan Ranganathan – The Reply = Sir,In my opinion he has to take State wise registration since provision of centralised registration is not made available under GST Acts

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Goods and Services Tax – Export of services – The supply of services to Nepal or Bhutan will be deemed to be export of services only if the payment for such services is received by the supplier in con

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Goods and Services Tax – Export of goods to Nepal or Bhutan or SEZ developer or SEZ unit will be permissible irrespective of whether the payments are made in Indian currency or convertible foreign exc

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Goods and Services Tax – GST – There is no concept of Deemed Export – supplies to EOUs are taxable like any other taxable supplies. – However, EOUs, to the extent of exports, are eligible for zero rat

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Goods and Services Tax – GST – There is no concept of Deemed Export – there is no provision for issuance of CT-1 form which enables merchant exporters to purchase goods from a manufacturer without pay

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