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Delivery of goods to a foreign buyer in india


Lalitha (Operations)     04 December 2017

Lalitha
Operations 
 34 points

| My Other Post

We have made a contract with a Foreign company to delivery the good in different states of India. For which the money is received in USD. 

The GST will be paid at the time of delivery of the goods with the invoice in Rupees only. 

Please let us if there are any issues in this transactions or a reason to disagree this transaction from Banker. 

avater

Ajit Hegde (CA - Final)     07 December 2017

Ajit Hegde
CA - Final 
 91 likes  1357 points

View Profile | My Other Post

Absolutely no issues

avater

Lalitha (Operations)     08 December 2017

Lalitha
Operations 
 34 points

View Profile | My Other Post

Is there any RBI regulation? Which say we can not accept USD payment? 


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