We had an export order from an Indian Company for export of Chemicals
They issued a domestic PO in INR with buyer as Indian company and consignee to a company RAXIO in Angola, Africa.
We exported the material by AIR CARGO to Africa under equivalent US$ currency.
Payment shall be released by Indian company in INR under GST Bill.
We need clarity on
- This transaction shall be shown as export sale or domestic sale in GST returns.
- Do we make Indian Invoice in INR with or without GST
- How will the Shipping Bill Inward remittance be set off for RBI compliance