×

Recent Posts

  • Hook Up on Tinder

    Since dating can be stressful, there is the pos...
  • Save Your Stuff: How to Prepare for a Windows Fail by Creating a Restore Point

    But you can print remotely using Google Cloud P...
  • GST documents

    Documents for GST Registration

    Who Should Register for GST? Individuals regist...
  • Company registration patna

    Process of Digital Signature Certificate application

    Digital Signature Certificates or DSC or Digita...
  • Shops Registration

    Bihar Shops & Establishments Registration – Form No – 1

    Bihar Shops & Establishments Rules, 1995 &#...
  • trademark registration in patna

    How Important is it to get a Trademark registration for a Startup?

    If you start your own business, start a busines...
  • Income Tax

    TDS Rate Chart for FY2020-21 Applicable for a Company

    TDS Rates Applicable for a Domestic Company Par...
  • TDS Rate Chart for FY2020-21 Applicable for Non-Resident of India (NRIs)

    Particulars TDS Rate (%) TDS Rates from 01.04.2...
  • Income Tax

    TDS Rate Chart for FY2020-21 Applicable for Resident of India

    Tax Deducted at Source, also known as TDS, is a...
  • Income Tax India

    Salary received in arrears or in advance, Don’t forget to file Form 10E under Section 89

    An employee, who is entitled to relief under Se...

SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

FORGOT YOUR PASSWORD?

FORGOT YOUR DETAILS?

AAH, WAIT, I REMEMBER NOW!

Splan- Company and Trademark RegistrationSplan- Company and Trademark Registration

Splan- Company and Trademark Registration

Splan Corporate Solutions LLP

T (91) 9122329999
Email: info@splan.in

Splan
2/33 SBI Colony, Jagdeopath, Bailey Road, Patna

Open in Google Maps
  • +91-9122329999
  • info@splan.in
  • About SPLAN
  • SUPPORT
  • LOGIN
  • START
    • START A BUSINESS
    • Check Company Registration Status
    • Startup India Recognition
    • Private Limited Company Registration
    • LLP Registration
    • How to register a company in India
  • MANAGE
    • MANAGE BUSINESS
    • DIR-3 DIN KYC filing
    • eForm INC-22A- Active Company
    • Private Limited Company Annual Filing
    • CONVERSION OF PVT LTD INTO OPC
    • ISO Certificate & Standards
    • Guidelines For Accounting And Auditing For Private Limited Companies
  • TRADEMARK
    • TradeMark Registration
    • #6 Understanding your Intellectual Property Obligations
    • Trademark Class
    • How to Manage Trademark Objection-Startup Guide
  • GST
    • GST- Goods & Services Tax
    • What to do if your last GSTR-3B has errors?
    • Is a GSTIN Mandatory for Importer and Exporter
    • Impact of TCS on sellers- Purpose of Introduction of TDS on GST
  • Startup Talks
    • Industries Update
    • Startup Master Class
  • Contact Us
FREEQUOTE
  • Home
  • Startup Talks
  • Goods and Service tax- GST
  • Is a GSTIN Mandatory for Importer and Exporter
March 23, 2023

Is a GSTIN Mandatory for Importer and Exporter

GSTIN
2
Anand splan
Thursday, 13 February 2020 / Published in Goods and Service tax- GST

Is a GSTIN Mandatory for Importer and Exporter

According to the latest circular issued by the government, IEC is not mandatory for all traders who are registered under GST. In all such cases, the PAN of the trader shall be construed as a new IEC code for the purpose of import and export.

Import Export Code (IEC) isn’t required to be taken in case the goods exported or imported is for personal purposes and isn’t used for any commercial purpose.

Is GST mandatory for import?

From 1st of July, 2017, GSTIN is mandatory for filing Bill of Entry as IGST (Integrated Goods and Services ) is to be paid on imports and input tax credit can be availed for IGST paid. In addition to GSTIN, the requirement for PAN of the importer and IE Code for the importer would continue. GST (Goods and Services) will be applicable to all imported goods along with custom duties as applicable

GST- Goods & Services Tax

Do exporters have to pay GST?

No tax will be payable on export of goods or services as per the GST law. … Basic Customs Duty (BCD) will be levied on the import of goods in addition to IGST. With regard to import of services, the service receiver will be liable to pay tax on the service if such services are provided by a person residing outside India.

Export under GST is treated as inter-state supply and under GST law, any person engaged in the inter-state taxable supply of goods or services or both is required to obtain compulsory registration with the exception in case of the service provider if taxable turnover during the year exceeds Rs. 40 lakhs.

Is GST applicable on software export?

The rate of GST on IT services is 18%. … Answer: Exports and supplies to SEZ units and SEZ developers are zero-rated in GST. Zero-rating effectively means that no tax is payable on exports but the exporter/supplier is entitled to the input tax credit on inputs/input services used in relation to exports.

Is GST applicable on imported goods?

All imports into India will be deemed as inter-state attracting IGST. In addition to the IGST, the import would also be subject to Customs Duties. Thus, when goods are imported into India, IGST would be applied on the value of the goods and collected along with Customs Duty.

Can we claim ITC on imports?

The importer can claim the credit of the IGST and Compensation Cess paid at the time of imports. … Further, as per IGST act, the place of supply of imported goods is taken as the location of the importer.

GST

Is GST applicable for international services?

International Services. You can zero-rate your supply of services (i.e. charge GST at 0%) only if it falls within the description of international services under Section 21(3) of the GST Act . It is important to note that not all services provided to overseas customers can be zero-rated.

Search GSTIN

Apply Online for GST

  • Tweet
Tagged under: GST, GST Registration Bihar, gst registration in India, gst registration patna

What you can read next

gst registration
GST Registration Trend and Analysis
gst Registration in patna
GST Updated News
Income Tax
One Time Relaxation to Employers, Taxpayers, and Business Entities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Post

  • Hook Up on Tinder

    Since dating can be stressful, there is the pos...
  • Save Your Stuff: How to Prepare for a Windows Fail by Creating a Restore Point

    But you can print remotely using Google Cloud P...
  • GST documents

    Documents for GST Registration

    Who Should Register for GST? Individuals regist...
  • Company registration patna

    Process of Digital Signature Certificate application

    Digital Signature Certificates or DSC or Digita...
  • Shops Registration

    Bihar Shops & Establishments Registration – Form No – 1

    Bihar Shops & Establishments Rules, 1995 &#...

Google Review

Splan - Trademark Registration
Splan - Trademark Registration
4.7
Based on 25 reviews
powered by Google
review us on
CADD AFFINITY
CADD AFFINITY
13:37 20 Aug 19
Providing good Platform Fast and reliable services" Make in India" will Possible.....💯↗🏅💹📈
Abhi Singh
Abhi Singh
04:49 25 Jul 19
Splan gives you best service. Very good at client handling and instan service provider.
Mitesh Mallick
Mitesh Mallick
07:12 23 Jul 19
A great service experience... nice team of people.
Sustainable Development & Research Foudation
Sustainable Development & Research Foudation
04:59 29 Mar 19
Very good service for ngo registration
Subodh Saurabh
Subodh Saurabh
09:08 29 Nov 18
Splan is one of the company which made Accounting so easy that even a layman can operate it effectively. And easily manage his finance.
Shivendu Shekhar
Shivendu Shekhar
16:18 24 Nov 18
All Corporate Solutions under one roof. Quick service and response. Keep it up...
krishna jee
krishna jee
07:33 24 Nov 18
For trademarks best, Digital marketing, Company Registration, Licensing, FSSI Approval, Homologation Approval, WMI Registration, Vin Designers, Code Design, GST filing, GST enrolling, enrolment, IEC Registration Import Exports Registration, Trust Registration, Society Registration, Any types off Approval and Homologation, Best service and Experience.
BIZ Splan
BIZ Splan
04:11 24 Nov 18
Trade mark registration patnaCompany registration patnaCompany registration biharIso certificate patna Gst registration patnaTrade mark registration biharGst e filling patnaGst filling patnaCa f in patna
Next Reviews
js_loader

Archives

Categories

Recent Comments

  • PRAMEET JAIN on How do I start a food processing unit in India?
  • Bhagavathi on Homologation Certification Service from ICAT & ARAI
  • Bidagdha madhab giri on Homologation Certification Service from ICAT & ARAI

Facebook

  • Tweet
  • Pin It

Corporate Address:

2/33, Bank Colony, Pilar No- 7, Bailey Road, Jagdeo Path, PATNA, BIHAR
Tel: +91-912232-9999
Email: info@splan.in

Archives

Startup Talk

  • Hook Up on Tinder

    Since dating can be stressful, there is the pos...
  • Save Your Stuff: How to Prepare for a Windows Fail by Creating a Restore Point

    But you can print remotely using Google Cloud P...
  • About SPLAN
  • START A BUSINESS
  • Trademark Registration
  • Startup Master Class
  • Startup Talks
  • Contact Us
Splan- Company and Trademark Registration

© 2015. All rights reserved. Buy Splan Corporate Solutions llp - Provide Company Registration and Trademark Services.

TOP