Local procurement of goods by EOU under GST

 

Is IGST payable against local purchase by EOU

Local procurement of goods by EOU under GSTA brief idea about Local procurement of goods by EOU under GST is explained here.

Let us discuss about Is IGST payable against local purchase by EOU.

Export Oriented Unit has to procure raw materials from domestic tariff area(locally). What would be the GST exemption frame if an EOU needs to buy goods locally?

For the indigenous procurement of goods covered under GST, the EOU will not get ab-initio exemptions. Such supplies would be on payment of COST/SOSTIUTOST/IGST. The taxes so paid will be neutralized by ITC. For the indigenous procurement of goods covered under Fourth Schedule, the EOU will continue to get ab-initio exemptions from central excise duty.

The above information details about procurement of materials locally by EOU under GST regime.

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GST tariff rate on Hygienic or pharmaceutical articles made of rubber

GST imposed rate on Instruments and apparatus for measuring

GST applicable rate on goods under HSN Chapter 63

GST rate on Mathematical calculating instruments and pantographs

Waived GST on purchase of Mango kernel

Nil tariff GST on purchase of Seeds used for sowing

No GST on sale of fruit and spores, used for sowing

Exempted GST on purchase of fresh Hop cones

Zero rate GST on purchase of sugar beet and sugar cane, fresh or chilled

Nil tariff GST on seaweeds and other algae, fresh, chilled

Zero rate GST on sale of Locust beans fresh, chilled

No need to pay GST on sale of Cereal straw and husks

No GST on purchase of vetches and similar forage products

No GST on sale of Swedes

Waived GST on purchase of sainfoin

Nil rate tariff GST on sale of lupines

Nil rate of GST on lucerne, alfalfa

Nil rate tariff GST on purchase of hay

Exempted GST on sale of forage kale

No need to pay GST on sale of fodder roots

Zero rate of GST on sale of clover

Zero rate of GST on purchase of mangolds

No need to pay GST on purchase of Lac

Nil tariff GST on purchase of Shellac

GST slab rate on, sale or purchase of Natural gums, resins, gum resins and oleoresins

GST slab rate on, sale or purchase of Natural gums, resins, gum resins and oleoresins

GST amount of rate on sale or purchase of Vegetable saps and extracts

GST amount of rate on sale or purchase of Guar meal, guar gum refined split

GST taxable rate on sale or purchase of Compounded asafoetida

  

Rate of GST on Extracts and juices under HSN 1603 business

GST slab rate on prepared fish

Rate of GST on Refined sugar, sugar cubes

GST slab rate on sale or purchase of Beet sugar, cane sugar, khandsari sugar

Palmyra jaggery attract nil rate of GST

GST tariff rate on Sugar under HSN 1702

GST scheduled rate on purchase or sale of Palmyra sugar

Reduced GST on Palmyra jaggery

GST payable rate on purchase or sale of Molasses

GST imposed rate on Chewing gum, bubble gum and white chocolate

GST taxable rate on purchase or sale of Preparations on infant use under HSN 1901

GST on sale or purchase of Seviyan or vermicelli

GST tariff rate on purchase or sale of Waffles and wafers coated with chocolate or containing chocolate

GST scheduled rate. on sale or purchase of Tapioca and substitutes under HSN 1903

Waived GST on sale of flattened or beaten rice

No need to pay GST on sale of Puffed rice

No need to pay GST on sale of parched rice

Nil rate of GST on sale of parched paddy or rice coated with sugar

GST slab rate on sale or purchase of Rusks, toasted bread and similar toasted products

GST slab rate on sale or purchase of Waffles and wafers other than coated with chocolate or containing chocolate

GST on purchase or sale of Pizza bread

GST on sale or purchase of Pastries and cakes

GST taxable rate on sale or purchase of Pasta

GST taxable rate on sale or purchase of Mixes and doughs for the preparation of bread, pastry and other baker's wares

GST slab rate on Biscuits, Sweet biscuitsand other biscuits business

Scaled down GST rate on Menthol and menthol crystals

GST scheduled rate on Extracts, essences and concentrates of coffee business

Lowered down rate of GST on Mustardsauces

Lowered down rate of GST on Ketchup and Sauces

 


Comments


Ganesh Kumar: i missed the sales entries of june is this possible to make the entry this month with excise duty

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