Regarding GST rate for Export
This query is : Resolved
05 May 2021
Dear Sir/Madam,
I am some doubts regarding export from India to Other Country,
Therefore I request to you please guide and resolve my query.
For e.g.
ABC (Head Office) in India
ABC (Branch Office) in US
ABC (Head Office) from India raised the Invoice to ABC (Branch office) US Rs 10$
Please clarify
Which Rate is Applicable under GST Act?
- Zero rate (Export)
- NIL Rate (Export)
Your co-operation will be highly appreciated.
I am some doubts regarding export from India to Other Country,
Therefore I request to you please guide and resolve my query.
For e.g.
ABC (Head Office) in India
ABC (Branch Office) in US
ABC (Head Office) from India raised the Invoice to ABC (Branch office) US Rs 10$
Please clarify
Which Rate is Applicable under GST Act?
- Zero rate (Export)
- NIL Rate (Export)
Your co-operation will be highly appreciated.
05 May 2021
This will not fall under export as it's transfer to bench, GST applicable on such transfer.
05 May 2021
Dear Sir,
Thanks for your quick reply.
but we are exporting to Branch and branch sales to Local authority.
Also note that, as per Billing from Head Office (India) receiving the fund accordingly from Branch Office (Other Country) i.e. bill to bill amount
please guide n above doubt.
Thanking you in advance
Thanks for your quick reply.
but we are exporting to Branch and branch sales to Local authority.
Also note that, as per Billing from Head Office (India) receiving the fund accordingly from Branch Office (Other Country) i.e. bill to bill amount
please guide n above doubt.
Thanking you in advance
05 May 2021
GST applicable on branch transfer outside India. Zero rate applicable under export sales direct to buyer.
05 May 2021
If it is goods then it is zero rated supply. (Export)
If it is service then it it is Exempt Supply subject to Place of Supply Provisions (Not Export)
If it is service then it it is Exempt Supply subject to Place of Supply Provisions (Not Export)
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
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR validation error - Balance sheet is not filled
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Bank Accounts in Balance Sheet for ITR 3
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
