Gst impact on third country export

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Gurvinder Singh (Querist)
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20 September 2018 Dear sir,
We have received order from Customer who is located in out side India for supply of equipment at Germany. We intend to purchase the equipment from Germany and supply to Customer directly from there. Germany Company will bill to our company in India and inturn , we will bill to Customer located outside India.

I would like to know the GST impact on this transaction and please suggest these entry mentioned or not in GTR-3B or GSTR-I.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 September 2018 No GST impact on this transaction as supply happen outside India. No need to report this transaction in gstr.
Recent GST council decision.
Following have been kept out of scope of ‘Supply’
Supply of goods from a place in the non-taxable territory to another place in the non-taxable territory.

Gurvinder Singh

Gurvinder Singh (Querist)
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20 September 2018 Dear sir

Thanks for First reply

How to reconcile sale or purchase outside india according to Balance Sheet.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 September 2018 Show it under Purchase and sale in non taxable territory

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