GST on Tooling development charges to Export customer
This query is : Resolved
28 November 2022
We manufacturer making invoices to overseas customer for tool cost and the tool physical movement will not happening, we develop the tool and keep it us for manufacture of components.
Invoices making in foreign currency and amount will be received in foreign currency.
Whether GST applicable for the said transaction?. request to advice how to do the transactions.
Invoices making in foreign currency and amount will be received in foreign currency.
Whether GST applicable for the said transaction?. request to advice how to do the transactions.
CA R SEETHARAMAN
(Expert)
28 November 2022
It will be considered as export of service no GST applicable.
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