IN case of export of good , supply of good is made with in india, as per the instruction of the buyer based outside india and buyer will make the payment in foreign covertible currency, will such transcation is subject to IGST or will it will considered as Zero rated
regards
Rahul
The supplier of goods is based in India. The goods are not physically being exported at this stage. therefore, the supply is interstate supply as provided in section 7(5)(a) of IGST Act. Therefore, IGST would be applicable.
but movement of good is in india so section 2(5) defination of export of services not satisfied
Regards
rahul
in this situaton delievery challan would be used for the delivery of good or tax inovice
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