CAN INDIAN COMPANY SUPPLY GOODS IN USD TO OTHER INDIAN COMPANY

Dear Team,

 

Can we Supply goods one Indian Company to another Indian Company in USD Currency...?????

If it possible.....How we can that type of Supplies treat in our GST Compliances......

 

 

Replies (4)
Quick Summary
This discussion addresses whether an Indian company can supply goods in USD to another Indian company. It highlights that GST returns (GSTR1 and GSTR3B) on the GSTN portal typically require reporting in Indian Rupees, not foreign currencies. The query seeks clarification on how such cross-border currency transactions within India would be treated under GST regulations.

Where both Companies are located ?.

Both Companies are located in India

While filling , GST return on GSTN portal , you Can not report any other Currency , both in GSTR1 and GSTR3B , I think its by default  its Indian Currency , please confirm.

This is why. Government has formed rules and laws. Most of the time, people are not obey or follow it. They want to write a new laws.

Best of luck.

Your wish may come true in future.

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