Is Exports of software services draw in GST?

Is Exports of software services attracting GST

 

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.

 The exporters have two choices for zero rating, which are as per the following:

1. To pay integrated tax on supplies meant to be exported and get refund of tax so paid after the supply is exported.

2. To make export supplies under a bond or letter of undertaking and claim refund of taxes suffered on inputs and input services in relation to such exports.

 

 

 

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Safeguard duty and Anti-dumping duty after GST implementation

Section 1 of UTGST Act 2017       

Section 172 of CGST Act, 2017 Removal of difficulties

Section 170 Rounding off of tax, CGST Act, 2017

Sec 168 of CGST Act, 2017 Power to issue instructions or directions          

Section 163 of CGST Act, 2017 Levy of fee            

Publication of information in respect of persons in certain cases, Section 159 of CGST Act, 2017 

Section 156 Persons deemed to be public servants, CGST Act, 2017         

Power to collect statistics, Section 151 of CGST Act, 2017              

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Functions of GSTN under mode of payment of GST Means

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Quarterly return by the composition supplier under GST

Form and manner of appeal to the Appellate Authority for Advance Ruling Under GST

Term Foreign Non-resident Taxable Person under GST

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Import General Manifest (IGM)

Importance of Bill of Lading

Is Airway bill a documents of title?

Is Customs House Agents (CHA ) required to be appointed mandatory?

 Is DP terms of payment safe in export business?

Is Letter of Credit LC safe for an Importer?

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When can an exporter release bill of lading from shipping company?

Import Registration and import Licence procedures in Brunei

How to export from Bahamas?

How to Import to Bahamas?

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How to export from India to Bahamas?

Documents required for Export from Bahamas

Customs procedures for Bahamas Export

 


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