Thanks for sharing your valuable knowledge.🙏🏻 I have one query in relation to the Merchant Trader Transaction which was given under Schedule III. Hence, this transaction is not to be treated as supply and no GST will be leviable on that. So, Is there any requirement to show this transaction in the GST Return?
Sir in merchant export can a trader not a manufacturer supply goods at concessional rate to an exporter who is exporting the said goods outside India. Or is merchant trading specifically for manufacturer supplier only to supply at concessional rate. But no such restriction as per the notification issued 40/2017.