Question9:
I want to know , a manufacturing unit intends to export goods who procures
from open market and export as such - what benefits to a manufacturing unit
available and procedure thereto under CGST/IGST.
Answer:
After introduction of GST the term supplier
include both Manufacture as well as Trader . Both are at same level so it
doesn't make any difference . The exporter(supplier) can export goods without
payment of Tax or may pay tax and take refund of it If you are merchant exporter
then you can procure goods without payment of tax under notification no 40 of
Central Tax and export it this will reduce your working capital We have two
units in Gujarat, One is Domestic (DTA) and second is 100%EOU unit and both GST
Numbers are same. (Reply dt. 09/11/2017)