Purchase of goods at concessional GST rates by merchant exporters
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- Опубліковано 27 лип 2024
- This is a quick video for explain the provision related to purchase of goods at concessional GST rates by merchant exporters.
Watch this video if you're looking for...
Merchant exporters
Notification No. 14/2017
Benefit for merchant exporters
Tax Free Purchase for exports
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This video is mere a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.
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all points related to merchant export has been cleared after watching this video
Thank you so much for your such a useful video along with Content which gives clarity step by step. Thank you again.
Mam app kitne knowledgeable हो. I am MBA in international business but was not aware of many thingsm
Nice and very useful video Madam..
I have one doubt, in clause viii and ix of the notification 40/2017 Central tax (Rate) dated 23.10.2017, it is mentioned that the recipient dealer should provide endorsed tax invoice and copy of shipping bill or Bill of export to the supplying dealer as well as Jurisdictional Officer of supplying dealer..
The recipient dealer can provide these documents to supplying dealer without any problem, but how it is possible if the recipient dealer who is located in some other far away state to provide this documents to the Suppliers Jurisdictional Officer also..
In case on merchant exporter purchased packing material from register dealer for consumption in case of export , whether concessional rate .1%igst applicable for merchant exporter ?
Does warehouse need not be registered with the WRDA come under this notification.How to ensure that such purchased goods shall be exported not sold in a retail because one can sell these products in retail with 28% as income by forgery.
Madam For Manufacturer Exporter under advance Licence input tax I.E. BCD IGST is exempt? and Output tax is Exempt?
IGST for Packing Material is Exempt for export in case of both merchant and Manufacturer Exporter?
Miss Shafaly,
I saw yours vedio about on merchant exporter to UA-cam .
you mentioned 9points, I learned more experience from yours vedio, it is very helpful vedio. Thanks for vedio given.
Notification No. 40/2017-Central Tax (Rate):
(ix) when goods have been exported, the registered recipient shall provide copy of shipping bill or bill of export containing details of Goods and Services Tax Identification Number (GSTIN) and tax invoice of the registered supplier along with proof of export general manifest or export report having been filed to the registered supplier as well as jurisdictional tax officer of such supplier..
* Here to see this rules,
shipping bill or bill of Export in write product supplier gst number, invoice number & invoice date, it understand.
after shipment completed, Merchant Exporter will be provide to shipping bill or bill of Export to supplier company.
We want know about shipping bill or bill of Export means, it's means which documents ?
Does shipping bill or bill of Export means/equal Bill of Lading (Bill copy) all are same name ?
Please this inquiry reply.
Do we neet to furnish LUT or BOND for exporting according to new notification for exporters?
Ma'am Pls confirm..
Supplier sale on 0.05 and take input credit of purchase invoices of rawmaterial like IGST, CGST and SGST
Can you please explain in case of importing goods and doing some processing here in India and then exporting what would be the GST implications
In Shipping bill there is no column to mention the supplier gstin and tax invoice no.
2) will the merchant exporter get refund of 0.1 pct
Can duty credit script to be utilised against IGST payment?
Very well explained
In merchant export what was documentation required for supplier for making supply of goods.
Will a seller who is selling goods to Merchant exporter treat his sale of .1% as deemed export in GSTR1 or ordinary B2B sales at concessional rate?
Input Tax for services used such as Transport insurance for export is Exempt?
How will I ensure while selling @ 0.1% that purchaser is a merchant exporter
If registered supplier is already member of export promotion council than also is it necessary for gst recipient to be member of export promotion council.
I am a merchant exporter I will buying goods based on direct CIF basis from local supplier in india to avoid material movement hussle. So the GST i.e., 0.10% / 0.05% that is payable only on goods value only or total CIF value ?
Hello what can be done if the merchant exporter doesnt disclose manufacturer gstm and imvoice no in shipping bill
Hello Madam,
Very fruitful video. thanks for the video.
Mam jaisa apne kaha ki export krte time merchant exporter ko apne supplier ka GST & Invoice number apni invoice/Shipping bill pr dalna hoga. To agar merchant exporter 10 suppliers se purchasing krta hai or unhe ekattha krke single customer ko export krta hai to uss case me merchant exporter ko 10 supplier ka GST/Invoice number apni invoice/Shipping Bill me metion krna pdega kya ? ??
mam please tell me in gst TRAN 1....TABLE 7(D) mai ko first box hai usme NUMBER konsa likhna haai???? sirf number ka kya matlab h uss table mai. jo single point taxation states ke lie applicable hau
Mam thanks for ur video to improve our knowledge. but how to show merchant sales in GSTR1 return
can we claim Gst input on purchase with concession Rate @ .10% for Export Sale.
please suggest how the supplier here will get the refund/ITC of the tax he paid to procure the raw material. because that will be a big issue for the suppliers selling goods to the merchant exporters.
good video pls make another video for suppliers on 0.1 % gst
whre was 0.1% IGST and 0.05%CG & 0.05SG in GSTR-1 invoice entry of domestic supplier
hello mem
agar koi purchase ka bill 27 July ka bana hai or hamere pass 1 August ko aata hai or uski entry tally me kar di h ab gst portal par gstr2 me bill show ho raha hai to us purchase ke bill ko pending karna hai ya accept karna hai
or agar pending kar de to next time gstr2 me us bill ko kese lena hai
what if exporter fail to export 90Days from the date invoice of domestic supplier ?is that domestic supplier type full rate of tax ???????...what if exporter not mentioned in GSTN and invoice details of domestic supplier ?????? after export ..............how the domestic supplier can believe the exporter delay in shipment ...what was the tax penalty
Nice, but now merchant exporter can claim credit of confessional tax paid, vide circular 125/44/2019
Dear Mam,
Is merchant export sale is regular sale in Gstr1 return. Please confirm.
What document required for supplier or manufacturer sell there goods to marchent expoter?
But, credit is available
But as a merchant exporter, i don't want to share my overseas customer details with the registered supplier which is already mentioned in the shipping bill. Is there any solution to trade secret of the registered recipient ?
Dear Madam,
Thank you for this video..
My question is What if in merchant export we forgot mentioned gst number & Invoice No of the supplier..??
Then what will be the solution
Hello mam. If merchant exporter not made export in 90 days then interest on gst to be paid for which period on balance gst amount?
Mam nice teaching
Is Jobwork material exported called merchant export?
Pls reply
Where is the supplier to merchant exporter show his sale in GSTR 1 as there is no provision of IGST 0.1 % and CGST 0.05% & SGST0.05% rates in GSTR 1? Please Help me
Madam, i am merchant exporter and have procured goods by paying GST 0.10% but now wanted to confirm that invoice to be issued for buyer, what rate of GST would be applicable. CHA says that instead purchase on lower rate is o.k. but shipping invoice rate would be normal market GST rate. please clear it a s a p
Where is the supplier to merchant exporter show his sale in GSTR 1 as there is no provision of 0.1 % and 0.05% rates in GSTR 1? PLEASE HELP
Mam some exporters are sayin that supplier of merchant exporter will charge .025% cgst and .025 % sgst in intrastate supply but i think it should be .05% cgst and .05% sgst.
I am an merchant doing both export and domestic supply .
But doing majorly domestic supply .
My Question is not about consessetional rates on gst export.
I just want to know that shall i move the goods from place of registered
supplier to my buyer in India (domestic market)
Reply me
Thank you
Good
Thnk yu so much
How will supplier get ITC on his purchase? Supplier will not agree to supply goods at 0.1%, As he will not get GST to adjust against input...
Bk FJ go up
Can the seller claim refund of the differential tax on supply to merchant exporter ...
Can exporter make value addition to the materials
MAM LETTER M KYA CONTENT LIKHNA H AGER HUM .1% PE PURCHASE KARENGE EXPORT K LIYE
Dear mam
I'm merchant exporter so Can I purchase raw material as under merchant export
If a sum of the purchase against.1% or sum purchase from another supplier is 18% and we export in one consignment then how to get tax refund of paid tax purchase please let me know
what the if exporter fail to export 90days from date of domestic supplier ? what was input tax paid by domestic supplier towards exporter at 0.01% example ...domestic supplier brought 1pen @100Rs =100+GST total:128 (28%GST) ,,.......domestic supplier supplied to exporter 105+0.1% of GST Total :105.105 ? .....what about 128???????
Very Nice mam
Mam thnks for ur video for improve our knowledge
But pls y background music agar stop rahe to or aachi tarah se sun sakte h
Hi mam,
Can you plz clear Bellow queries?
Suppose there are 3 parties involved to export-:
1St party is manufacturer
2ND party is just a merchant supplier buying from 1at party.
3Rd party also just a meechant exporter getting export LC and placed order to 2ND party. Now 2ND party buying the goods from 1St party and send the goods directly to CNF where consignor is 3Rd party!
Now question is, 1St and 2ND party need to pay any GSt or it will be treated export goods for all parties!
Example-: 3Rd party got export LC worth $30k, and he raised a PI worth $25k to 2nd party to supply the goods, now 2nd party raised another PI worth 20k or bought the goods from 1st party (manufacturer) and send the goods directly to CNF! Is there any party to pay gst? Thanx in advance
mai JCB purchase kar rha hun business purpose ke liye to kya mujhe uski credit milegi???
how can exporter share shipping bill to register supplier as shipping bill all export sales values are there ? How can we avoid to provide shipping bill to register supplier, how can exporter avoid to disclose export sales rate from supplier?
Mam what is difference between merchant exporter and deemed exporter?
Mem agar hm recipient itc claim nhi kar sakte to usko gst me kese dikhana hoga
Supply to merchant exporter by manufacturer is normal supply or export supply
How supplier will get ITC as no refund applicable to supplier ???
Madam, registered warehouse is as per customs act not as per gst act, in fact we cannot store in my normal registered warehouse
Warehouse should be registered as per customs act, earlier also under excise good where to go directly to the port
Mam
Main new merchant exporter huin.
Mujhe Black stone chips export karna hai..
Mujhe kiya kiya karna hoga.
Please help me
Mam aise manufacturer ko byers ke bare me maloom chal jaye ga
GST me notification 41/17-18 marchant export me supplier ko Tax invoice aur eway bill kaise banana hai
If buyer purchases goods and make some process & value addition in it..whether goods can be acquired at concessional rate?
please with us the all the topic PPT and books at kuber@mindadsl.com
mam, my vendors ara asking for advance autirization to accept 0.1% GST. such letter is really required on export murchant letter head
Your presentation is really good.
One quick question. I am buying one machinery from supplier in Gujarat and exporting directly. Should I pay GST to Supplier first? Or should I request supplier to provide me quote with concession rate GST
Helo how did you export the item
Hello mam how update merchant GST
I am merchent exporter need help..
How can I get in touch directly please 🙏
Jurisdictional officer ko kon provide karta he? Supplier or receipent? Me supplier hu or me 0.1% pe deta hu receipent ko.
Is sale to merchant exporter become deemed exporter
Ma'am isme fir, shipping bill par buyer name hoga woto supplier ko pata chal jayega, use kese hide kare
good question. have you got the answer. Please let me know.
@@gauravgupta23 not yet
is availing concessional rate mandatory.. because for complying it our corrupted gst tax officers will ask BRIBE for submitting such things..So it's better to go with normal RATES..
Hello CA madam I not getting my GST and IGST refund for export of goods from Delhi and Mumbai pls help me in this regard
Pls send your details at info@consultease.com
Pls provide notification
Pura export finish ho gayaa samaj nahi ataa kya karey
Can we procure packing material on 0.1% gst for repacking the goods which will export?
Dinesh Nikam
Yes merchant exporter can purchase packing material to pack the goods. Many favorable judgements is release in past laws to resolve this issue.
Yes
Can you please share me that judgements.How merchant exporter is going to satisfy following condition of Notification No 41/2017 "the registered recipient shall move the said goods from place of registered supplier -(a) directly to the Port, Inland Container Deport, Airport or Land Customs Station from where the said goods are to be exported; or (b) directly to a registered warehouse from where the said goods shall be move to the Port, Inland Container Deport, Airport or Land Customs Station from where the said goods are to be exported;"
If i'm supplying to merchant exporter at 0.1% . That products is purchased under 18%GST. What will happen to input 18%GST. Should I have to make a claim or it will adjust in long run..??
Pls reply..??
It is refundable under the inverted tax structure
20 lac se kum turnover wale exporters ko registration karwana parega kya ?
Yes
Mem, GSTR 1 में इन supplies को कैसे fill करे
Hey can u reply me, I work at gst.....
Isko deemed export bolenge kya
THANK YOU
more difficulties for merchant exporters
govt give one line of notification ...with plenty of quotation sub section side rules ..bla..bla ..bal
Thats so hard to understand
English word istemal Karke aapane video ka maza bigad Diya
समझ नहीं आया
She only needs views.. she does not reply
my be nice ...but speak in english..GST ON TAX ONE NATION ....but many languages
what if exporter fail to export 90Days from the date invoice of domestic supplier ?is that domestic supplier type full rate of tax ???????...what if exporter not mentioned in GSTN and invoice details of domestic supplier ?????? after export ..............how the domestic supplier can believe the exporter delay in shipment ...what was the tax penalty