TMI BlogTax difference for Supplier of Merchant ExporterX X X X Extracts X X X X X X X X Extracts X X X X ..... Hello Every Senior, I'm Kapil Gautam, newly start a venture of manufacturing of automotive parts and fabrication of structures ( pipe, angles) in Faridabad, Haryana. I have an order from an merchant exporter from same state but there is slight problem of tax difference between us. Exactly, Raw Material purchased by us @18% GST and selling to merchant exporter @0.1% GST with LUT of Export. So ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... how could i manage this difference of tax Please help me out if there any mode to get refund of tax. domestic sale is low so couldn't manage the ratio of deduction of tax with in 1-2 years. someone suggest me to register a new firm only for export, GST will be refunded only for exporters or merchant exporters, not for domestic+export sale. kapilgautam1239@gmail.com / 8587871804 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By Shilpi Jain - The Reply = You would be able to get refund under inverted duty structure. - Reply By YAGAY andSUN - The Reply = In our view, refund will be available under the provisions of Export or Deemed Export on the basis of NOC from each other i.e. Merchant Exporter/Manufacturer Exporter. Goods must be exported within 90 days from the date of supply to Merchant Export. IGM date w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ill be the basis. - Tax difference for Supplier of Merchant Exporter - Query Started By: - Kapil Gautam Dated:- 1-11-2020 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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