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Risk Purchase Clause-Invoice designing-IGST-etc

This query is : Resolved 

Kindly guide :
We placed PO on Chinese Suppliers . Due to container non-availability , they are not able to ship as per PO defined despatch schedule. They ask Indian Importers to buy items locally and be compensated by the differential purchase price--akin to Risk Purchase Clause
Pl guide how to issue a Service Invoice mentioning “Heading - Damages claimed for short supply of the goods”. Does FEMA regulations permit cross set-off of Sum Payable on Import (of Goods) and Sum receivable on provision of Services. GST + Invoice designing
Regards,
Jayanta Bandyopadhyay
22.02.2021

Raise a invoice claim against risk purchase clause.
FEMA regulations permit cross set-off of Sum Payable on Import (of Goods) and Sum receivable.


Dear Sir

Could you please share a specimen Inviice and FEMA regulation para ref etc.
Remain thankful
Rgds
Jayanta Bandyopadhyay

Use link export invoice.
https://sleekbill.in/gst-export-invoice-format/
Reducing the payment allowed contact the AD category bankers.



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