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GST on Sale of MEIS, Goods and Services Tax - GST |
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GST on Sale of MEIS |
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Dear Sir What is the GST Rate on Sale of MEIS (Export Scripts) Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
It's nil rated with HSN 4907
Yes, the GST is exempt on duty credit scrips.
There is no GST liability on sale of MEIS or SEIS Scrip, however, any associated ITC if availed on procurement of such scrips needs to be reversed, proportionately. Page: 1 Old Query - New Comments are closed. |
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