Exports
This query is : Resolved
19 March 2018
What if receiver is not a individual or importer in USA.
I am a Amazon.com seller , i sell using amazon FBA (warehouse) .
Amazon says that we are not your importer and buyer , . and once i send inventory (box of 15 - 20 items , value 10000 rs) to amazon warehouse and they are sold to different buyers at different time period .
how to clear the shipping bill from bank as amazon is not a buyer ?
I cannot pay GST upfront and claim refunds later because of my business cycle. can i use LUT/Bank guarantee but i am uncertain if this is possible or not.
I am a Amazon.com seller , i sell using amazon FBA (warehouse) .
Amazon says that we are not your importer and buyer , . and once i send inventory (box of 15 - 20 items , value 10000 rs) to amazon warehouse and they are sold to different buyers at different time period .
how to clear the shipping bill from bank as amazon is not a buyer ?
I cannot pay GST upfront and claim refunds later because of my business cycle. can i use LUT/Bank guarantee but i am uncertain if this is possible or not.
19 March 2018
Dear Amit,
Please refer to the latest regulations on LUT. You need to not pay any GST. Just submit online Letter of undertaking and export without payment of GST (no need for bank guarantee or bond)
Please refer to the latest regulations on LUT. You need to not pay any GST. Just submit online Letter of undertaking and export without payment of GST (no need for bank guarantee or bond)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Eway bill generation from place other than registeted
- Condonation . E-Verification of last year return .
- GST rate and HSN code for sale of racing horses
- Management System (IMS)
- DIN reactivation
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
