Reporting of taxable export sales in gstr1 and 3b
This query is : Resolved
19 January 2019
Dear sir,
where to report Taxable export sales (It is intermediary services which are taxable even though it is export and Igst is paid) in Gstr1 and 3B
where to report Taxable export sales (It is intermediary services which are taxable even though it is export and Igst is paid) in Gstr1 and 3B
19 January 2019
Show it under reverse charge as reverse charge applicable for intermediary.
19 January 2019
Intermediary supply is taxable export services and liable for GST as the place of supply falls within the taxable territory.
It comes under B2C transaction as the recipient is not having GST Number. .
in 3B , 0 Table 3 (1) value of such supply should be added to outward taxable supply and in case of GSTR1 - it should be added to table 7
Since as per sec 13(8)(b) of IGST Act - place of supply for intermediary will be location of supplier of services , it will be intra state supply .
Hence details of such supply need not to be provided in table 3b of Gstr 3B ( details of interstate supply to unregistered person )
It comes under B2C transaction as the recipient is not having GST Number. .
in 3B , 0 Table 3 (1) value of such supply should be added to outward taxable supply and in case of GSTR1 - it should be added to table 7
Since as per sec 13(8)(b) of IGST Act - place of supply for intermediary will be location of supplier of services , it will be intra state supply .
Hence details of such supply need not to be provided in table 3b of Gstr 3B ( details of interstate supply to unregistered person )
Message likes :
1 times
19 January 2019
Nowhere in section 9(3) , its mentioned that intermediary services falls under RCM .
In my view , RCM not applicable on intermediary services
In my view , RCM not applicable on intermediary services
Message likes :
1 times
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Long Term Service award taxability in hands of company
- Free lancer income
- NON- SUBMISSION OF LLP FORM 3
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- 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
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
