Gst
This query is : Resolved
03 April 2019
Buyer located outside India. He raised Purchase Order on Indian Supplier with instruction of material supply In India to third party .
Payment revived by supplier in foreign currency
GST applicability on this transaction.
Regards
Payment revived by supplier in foreign currency
GST applicability on this transaction.
Regards
04 April 2019
Intra State Supply:
Subject to the provisions of section 10, supply of goods—-
Where the location of the supplier
And
The place of supply of goods is in the same State or same Union territory shall be treated as intra-State supply: {Section 8(1) of IGST Act}
With the help of following example; meaning of intra- supply should be understood:
(a) A Limited incorporated in Uttar Pradesh having purchased certain goods in Odisha from Mr. B and supplying the same to the customer also in Odisha. In this case, there are two separate transactions of supply:
> First From Mr. B to A Limited-—In this case, movement of goods were started and terminated in same state. Hence registered office of A Limited is not relevant.
> First From A Limited to Customer: In this case, movement of goods were started and terminated in same state. Hence registered office of A Limited is not relevant
Subject to the provisions of section 10, supply of goods—-
Where the location of the supplier
And
The place of supply of goods is in the same State or same Union territory shall be treated as intra-State supply: {Section 8(1) of IGST Act}
With the help of following example; meaning of intra- supply should be understood:
(a) A Limited incorporated in Uttar Pradesh having purchased certain goods in Odisha from Mr. B and supplying the same to the customer also in Odisha. In this case, there are two separate transactions of supply:
> First From Mr. B to A Limited-—In this case, movement of goods were started and terminated in same state. Hence registered office of A Limited is not relevant.
> First From A Limited to Customer: In this case, movement of goods were started and terminated in same state. Hence registered office of A Limited is not relevant
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