Are paypal payments valid for Zero rated GST ?

Are  paypal payments valid for Zero rated GST ? I will be filing for LUT in few days. My client will be paying in usd. But my bank account will be receiving in INR. Paypal credits my bank account in INR ( paypal partner bank will be citibank  ).

Thanks sir :)

Replies (2)
Quick Summary
This discussion clarifies whether payments received via Paypal are valid for zero-rated GST exports. The consensus is yes, even if the client pays in USD and your bank receives INR. You can obtain an FIRC through Citibank for these transactions. For a deeper understanding of GST exports and refunds, a helpful video is provided.

It should be Ok as per my view. 

Yes amount received through Paypal is valid for exports. You can get the FIRC through Citi Bank.

 

To understand the whole process of Exports & Refunds under GST and to ensure the smooth flow of refunds, click on the link below to watch the video : youtu.be/qU0rLgGJViM

 

For more details - CA Sachin M Jain .8O975. l5447 
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7. Email : casachinmjain @ gmail.com

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