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TRADING EXPORT ACTIVITY

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..... We are doing export of our manufacturing Pharma machinery also we are doing trading export. In earlier Excise Law we are not allow to bring any trading material in registered premises so we have to give instruction to our vendors (Trading Goods) to despatched the material directly to Port where export is done. Now, under GST Act can we bring the trading material in our premises and give tria .....

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..... l to our customers. Thereafter proceed for export the same. - Reply By KASTURI SETHI - The Reply = Extract of FAQ dated 30.8.17. This can be helpful to you. 20. Is separate registration required for trading and manufacturing by same entity in one state? There will be only one registration per State for all activities. .....

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..... - Reply By Ganeshan Kalyani - The Reply = It can be brought under Delivery Challan . - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Shri Sethi. - Reply By Ramaswamy S - The Reply = Under the GST, both trading and manufacturing can be done and no separate registration is required.The GST paid by the supplier can be availed as ITC and can be utilised for pay .....

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..... ment of output tax including the traded/ manufactured goods. Therefore, you can bring them to your premises and showcase it to your customer. GST is payable on supply. Hope this clarifies. Regards S.Ramaswamy - Reply By KASTURI SETHI - The Reply = Sir, Thanks for more details. - TRADING EXPORT ACTIVITY - Query Started By: - SURYAKANT MITHBAVKAR Dated:- 8-11-2017 Goods and Services Tax - GS .....

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..... T - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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