TMI BlogRE-EXPORT OF IMPORTED GOODS UNDER GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, Goods imported into India without payment duty for calibration work and subsequent re-export. My query is that : Whether re-export should be under LUT/Bond or IGST Payment? If not, what is the other method for re-exporting these goods? Whether any Notifications or Circulars issued by CBIC in this Regard? Thanks in advance for your valuable guidance - Reply By Rajagopalan Ranganathan - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Reply = Sir, You are re-exporting the goods imported by you. Hence for all purposes, it is export made by you. Therefore you re-export either under LUT or on payment of IGST. At the time of import, you would have paid IGST. This IGST paid by you can be taken as credit provided you are registered under GST since a taxable person is one who has obtained registration under GST Act. If you ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re-export on payment of IGST then you can use this credit for payment of IGST on re-export. If you re-export under LUT, you can claim a refund of IGST paid at the time of import. - Reply By Shilpi Jain - The Reply = For export to be a zero rated supply under gst, it has to be a supply as per section 16 of IGST Act . In your case the re export of goods is not in respect of a supply of goods. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... it will not be a zero rated supply. There was also a circular under GST in this regard in the context of goods sent for exhibition which would not be a supply and thereby not treated as a zero its supply - Reply By Shilpi Jain - The Reply = Once not a zero rated supply there is no question of doing it under lut or with payment of igst. - Reply By KASTURI SETHI - The Reply = There is substa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nce in the view/observation/interpretation of Madam Shilpi Jain. Hence I concur with her views. - Reply By raghunandhaanan rvi - The Reply = Dear Sir/ Madam Thank you, Mr. Rajagopalan Sir, Ms. Shilpi mam and Mr. Kasturi Sir for your response. - RE-EXPORT OF IMPORTED GOODS UNDER GST - Query Started By: - raghunandhaanan rvi Dated:- 13-10-2021 Customs - Import - Export - Customs - SEZ - Got 5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Replies - Customs - 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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