Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News
Highlights
D. Forum
What's New
Sub-Menu

Share:      

        Home        
 
Discussions Forum
Home Forum Goods and Services Tax - GST This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Merchant Export, Goods and Services Tax - GST

Issue Id: - 116545
Dated: 18-7-2020
By:- THYAGARAJAN KALYANASUNDARAM
Merchant Export

  • Contents

Dear Experts,

A Manufacturer got an order from EPC Contractor in the same state but End- User in other country. EPC Contractor Placed order with one line item as "Supply and Erection" Means value not separated for both. If manufacturer making invoice with gst @ 0.1% as per merchant export rate, any tax issues will arise for future erection work?

Thanks In Advance.

Post Reply

Posts / Replies

Showing Replies 1 to 2 of 2 Records

1 Dated: 18-7-2020
By:- Rajagopalan Ranganathan

Sir,

0.1% tax is leviable on goods only. In respect of erection service, since the same takes place in non-taxable territory no gst is leviable under GST Act. However, as per your information the value of the contract includes value of the service provided, that is, erection. Therefore you cannot pay 0.1% tax on the combined value of supply and erection. You have to provide value of supply of goods and service separately. for this purpose you can avail the service of a Charted Accountant or a Cost Accountant.


2 Dated: 18-7-2020
By:- THYAGARAJAN KALYANASUNDARAM

Thanks a-lot sir.


1

Post Reply

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||