As a result, the provisions of the IGST Act relating to the levy of tax on supplies of goods and services in the course of interstate trade or commerce would apply to imports, and Custom Duty on Imports and Exports will not be subsumed in GST.
Charges like safeguard duty, education cess, basic customs duty, anti-dumping duty, and so on will have no influence on commodity imports. GST will cover all of these additional customs taxes.
Exports are liable to both the Central and State GSTs under GST. GST paid on any movement of goods intended for export can, however, be fully repaid. Central excise duty, service tax, and supplementary duties are all included in the CGST, whilst value added tax and entry tax are included in the SGST (Octroi).
Exports of products or services are treated as zero-rated supplies. GST will not be charged on any goods or services exported. The tax paid on inputs for the export of exempted goods was eligible for a duty drawback under prior regulations.
GST is often not charged on products and services exported. If you're GST-registered, this indicates that the price of your exports does not contain GST. You can still claim GST credits on purchases used to create your exported products and services.
Learner's Ratings
4.8
Overall Rating
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Reviews
J
Jay Vyas
5
This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
A
Abhishek Bharti
5
The course offers comprehensive content on the export-import process, including documentation, regulations, and logistics. The instructor is experienced, sharing practical insights alongside theory. Hands-on assignments add value, though more real-world projects could enhance learning. The certification is well-recognized, adding credibility to a resume. While resources and flexibility are strong, student support could be faster. Overall, it provides excellent value for those seeking to advance in international trade.
P
prabhat sharma
5
how many companies of import and export are hiring ? please provide the list and is it possible to start it without office as an individual ?
N
Navghanji Sorabji Thakor
5
Nice
C
Captain Marvel
5
Kunal Dugad Sir ! You nice learn to Import And Export for Free Of Cost - Thanks Kunal Dugad Sir and Learvern Team !
M
Mr Asad
5
our first question is Blance of trade?
its means when you start your international trde to another country so you have a conttact a banl of finance instituions for money to devlope a products this is
M
Mahant Burman
5
Its Very Important For a Person who is Doing a Professional Course Have a depth knowledge and real world experience a part of book's knowledge.
S
sanjiv chouhan
5
sir saste mai buyer ka data kaise uper kre,iska koi solution hai to plz btaiye
R
Raj chauhan
5
what a way of teaching, love this course, THANK YOU SO MUCH SIR FOR MAKING SUCH A GREAT COURCES.
A
Ajay Kumar
5
I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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