Question6:
We are Manufacture cum Merchant Exporters, Previous ,i.e.before GST, we are
collecting the export cargoes from our vendors from transports and Exports from
our registered office Mumbai through JNPT, MUMBAI, AIR CARGO COMPLEX. Now we
are collecting the cargoes to our factory at Gujrat and then bringing to port
for export. Now, here I want to know can we keep our previous practice i.e
before GST what we were doing ?
Answer:
The problem which you are facing is because there was no room for export of
goods by merchant exporter you were supposed to take tax paid goods from
manufacturer The second problem is re bundling of material at go down from where
the goods are to be exported. Now this problem is solved after issue of
notification no 40 dated 23.10 2017 of central tax which permits supply of
goods from the place of supplier to the exporter on payment of nominal tax of
0.1%(point one percent) even the merchant exporter can use it for payment of tax
when the balance in ITC account is sufficient pay tax The goods can be cleared
to export ware house of the registered buyer (merchant exporter) In GST law you
are more comfortable because now you can procure goods from traders also on the
other hand in earlier case you were had to procure goods from the manufacturer
only to take benefit under central excise .Accordingly present system is more
flexible and can be used more comfortably Please note that notification no 40 is
a conditional notification and you have to fulfill the required
conditions. (Reply dt. 08/11/2017)