Avail 20% discount on updated CA lectures for Dec 21 .Use Code RESULT20 !! Call : 088803-20003

ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Christine Diaz   17 June 2021

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 :)



 2 Replies

Asha Kanta Sharma

Asha Kanta Sharma (Manager - Finance & Accounts)     20 June 2021

It should be Ok as per my view. 

CA Sachin Jain

CA Sachin Jain (Practicing CA)     22 June 2021

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 
1.WhatsApp : tinyurl.com/wCASMJ 
2. Facebook : tinyurl.com/FCASMJ 
3. Instagram : tinyurl.com/ICASMJ 
4. LinkedIn : tinyurl.com/LCASMJ  
5. YouTube : tinyurl.com/YCASMJ 
6. Twitter : tinyurl.com/TCASMJ 
7. Email : casachinmjain @ gmail.com


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Start a New Discussion

Popular Discussion


view more »







Subscribe to the latest topics :
Search Forum:

Trending Tags