Sir, I m mechant exporter and I m purchase goods from suppiler at 0.1% gst and sell it under lut by mistake 0.1% instead of 0%. Now GST officers froce me to pay 12% gst with interest and penalty. I told him to ammendment SB with 0% but they told it is 12%. You told if exporter by good at 0.1% so it is compulsory to sell it on 0%. Do you have any references or notification regarding this line so I can convince official. Thanks 🙏🙏🙏
Yes. In the circular there is no specific mention of merchant or manufacturer. So a trader (dealer or distributor, merchant, vepari) can sell goods to merchant exporter at 0.1%. Documents same.
Is it compulsory to buy from manufacturer ? or i can buy from wholeseller who has purchase goods @ 18% and sell it to me @ 0.1 % and i will export it under LUT
I am supplier of steel I buy the steel from 18% gst from holeseller and sell the goods to merchant exporter AT 0.1% tax . How to claim gst and refund to my bank account
under inverted duty structure. Attention is invited to sub-section (3) of section 54 of CGST Act, 2017, which provides for the refund of unutilized input tax credit in cases where credit is accumulated on account of rate of tax of inputs being higher than the rate of tax on output supplies i.e. on account of inverted duty structure. Sub-rule (5) of rule 89 of CGST Rules, 2017 prescribes the formula for grant of refund in cases of inverted duty structure.
Very good & informative
Woww sir
Great video
Very informative video 👍
You are great .. please make more videos on exports
thnks sir valuable video sir
kishan 🎉jaipur
Superb
Nice
how to download the export data from table 6A of GSTR1 in to excel ? (for comparing while refund submission)
Will you please provide Notification to hide buyer information from shipping bill
Good
Thank you sir ❤
How to entry in tally
prime Export sales 0.1%
Mca sebi lodr ki. Bhi aap seva dete hai
Sir I forgot to add supplier details in the shipping bill what to do
AMENDMENT OF SHIPPING BILL UNDER SECTION 149 AND 154 OF CUSTOMS ACT
Sir, I m mechant exporter and I m purchase goods from suppiler at 0.1% gst and sell it under lut by mistake 0.1% instead of 0%. Now GST officers froce me to pay 12% gst with interest and penalty. I told him to ammendment SB with 0% but they told it is 12%. You told if exporter by good at 0.1% so it is compulsory to sell it on 0%. Do you have any references or notification regarding this line so I can convince official. Thanks 🙏🙏🙏
Ok
Me trader hu to me merchant exporter ko 0.1 pe de sakta hoon? Mere kya kyan documents chahiye
Yes. In the circular there is no specific mention of merchant or manufacturer. So a trader (dealer or distributor, merchant, vepari) can sell goods to merchant exporter at 0.1%. Documents same.
Is it compulsory to buy from manufacturer ? or i can buy from wholeseller who has purchase goods @ 18% and sell it to me @ 0.1 % and i will export it under LUT
ANYONE. MANUFACTURER OR TRADER OR DISTRIBUTOR
THAT WHOLESALER WILL BE ABLE TO CLAIM REFND UNDER INVERTED DUTY STRUCTURE
Hi I am intrested
I am supplier of steel I buy the steel from 18% gst from holeseller and sell the goods to merchant exporter AT 0.1% tax . How to claim gst and refund to my bank account
under inverted duty structure.
Attention is invited to sub-section (3) of section 54 of CGST Act, 2017, which provides for the refund of unutilized input tax credit in cases where credit is accumulated on account of rate of tax of inputs being higher than the rate of tax on output supplies i.e. on account of inverted duty structure. Sub-rule (5) of rule 89 of CGST Rules, 2017 prescribes the formula for grant of refund in cases of inverted duty structure.
🙏🙏👍
Vatican city
Advance Authorization license export import pls new vidoes upload
Sir how to contact you?
Call 8000028250