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Gst for nri?

468 views 2 replies

Hello,
I am NRI. I use ICICI Bank credit card. I saw today following transactions.
 

01/08/2017   IGST-CI @ 18% 3.12 Dr.
01/08/2017   IGST-CI @ 18% 1.39 Dr.
01/08/2017   Markup Fee 7.73 Dr.
01/08/2017   Markup Fee 17.32 Dr.
30/07/2017   Markup Fee 21.53 Dr.
30/07/2017   IGST-CI @ 18% 3.88 Dr.
30/07/2017   Markup Fee 7.94 Dr.
30/07/2017   IGST-CI @ 18% 1.43 Dr.
30/07/2017   IGST-CI @ 18% 1.38 Dr.
30/07/2017   Markup Fee 7.67 Dr.
30/07/2017   Markup Fee 16.64 Dr.
30/07/2017   IGST-CI @ 18% 3.00 Dr.
29/07/2017 74838857212311883498942 AROMA GE 220.72 Dr.
29/07/2017 74438557212311880946422 SPAR COPOVA 494.72 Dr.
28/07/2017 74838857210291876627966 AROMA GE 219.19 Dr.
27/07/2017 74438557209281872539680 SUPERMARKET MAXI 475.41 Dr.
27/07/2017 74923047209281870812828 PE KAVARNA OB LJUBLJANICI 226.74 Dr.
27/07/2017 74438557209281871952942 SPAR COPOVA 615.23 Dr

 

Can someone expalin me what are these transactions?
If I am abroad, paying for coffee, they are charging me their tax and ICICI Bank converting paid amount into rupees, how the GST and other things can be charged on the expenditure abroad?

Replies (2)
you are use of service of icici and which location in India. then you are pay gst

ICICI charges 3.5% as Markup fee on international transactions and markup fee goes to the ICICI bank. Before Jun-2017, this amount was added to your actual transaction. India implemented GST from Jun-2017, as a result, ICICI has to charge 18% of GST on your markup fee. Hence they took it markup fee as a separate entry and put 18% of GST for that amount.


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