Gst on indirect export
This query is : Open
01 November 2017
Dear Sir,
If ABC company in India gives export order to XYZ company in India for CIF delivery to any African country. Is there any GST ABC company should pay or it is export order so no any TAX...?
I would appreciate your kind response.
MAHESH
If ABC company in India gives export order to XYZ company in India for CIF delivery to any African country. Is there any GST ABC company should pay or it is export order so no any TAX...?
I would appreciate your kind response.
MAHESH
01 November 2017
Apparently, As per section 2(5) of IGST Act, it seems it is export of Goods. Hence no GST will be payable.(Provided LUT is submitted & Exemption order received)
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