Merchant Export-IGST applicable or Not
Query (Issue) Started By: – Binu Karuthedath Dated:- 17-7-2017 Last Reply Date:- 19-7-2017 Goods and Services Tax – GST
Got 4 Replies
GST
We are Trading or Merchant Exporter
\nIn Trading export, we have bought goods from other Manufacturing unit or dealer and export the same.
\nNow, in GST regime we have to buy goods (Taxable) for trading export with payment of IGST from 1 st dealer (as per Circular No. 4\/4\/2017-GST) and 2nd dealer have to export the same
\n2nd dealer is raising invoices in Foreign Currency(US Doller) for export
\nCan I raise export invoice without collecting IGST and send the goods to Port? if I have to collect GST, How it possible in Forex invoice?
\nReply By Kishan Barai:
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