Gst on commission received in foreign currency

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We are a commission agent. Our foreign customer will issue purchase order to the exporters in India. The exporters will execute and export those orders directly to our foreign customer. Our work is following up these orders from confirming the order until sending the shipment documents to the foreign customer.  For this work, we are charging a commission on the export value in foreign currency. And our foreign customer is paying this commission in foreign currency.  Will this commission chargeable under GST?

What are the forms to be used for GST filing?

We dont have any purchase. But paying International Courier Charges with GST. Are these bills to be included in GST Filing?

Replies (8)
As per your query You Falls under the definition of intermediary Services
According to sec 2(13) of IGST Act, intermediary is a broker or an agent who arranges or the supply of goods or services or securities, between two or more persons. But an intermediary shouldn’t supply such goods or services or securities on his own account.
As per section 13(8) IGST Act ,..in case of intermediatary service the place of supply is supplier place

so , if your turnover exceeds to 20 lac You have to registered yourself in GST & Charge CGST/SGST (POS is supplier place)

Our foreign client issue their purchase order to exporters in India. The exporters directly ship the goods to the foreign client.

For following up these purchase orders, we are invoicing the foreign client in foreign currency. They pay us in foreign currency. 

Can you clarify, is this still coming under GST Taxable?

Dear Manivannam

Are you raising bill for your commssion to foreign recepient ???
Who is raising export of goods Bill ???

Are getting only the commssion amount in your account or also gets the exported goods amount ????

Dear Pankaj Rawat,

Yes. We are raising bill for our commission to a foreign recepient. We are getting only commision as foreign currency to our account.

Goods are directly exported from the vendors to the client and their invoice will be settled directly to their bank account.

Regards.

G.Manivannan.

 DEAR,

YOU FALL UNDER THE DEFINATION INTERMEDIATARY SERVICE

YOUR SERVICES WILL NOT FALL UNDER THE EXPORT , AS PER SECTION 13(8) , YOU HAVE CHARGE SGST/CGST IN YOUR BILL RAISE TO FORGIEN CLIENT ,..EVEN THOUGH YOU ARE GETTING MONEY IN FOREIGN CURRENCY

HENCE, IF YOUR AGGERGATE TURNOVER IN YEAR EXCEEDS 20LAC THEN HAVE TO TAKE REGISTRATION & HAVE TO CHARGE GST( CGST/SGST) IN YOUR BILL

DEAR PANKAJ RAWAT,

IF WE ISSUE SERVICE (EXPORT OF SERVICE) BILL TO THE CLIENT, WILL IT ATTRACT GST?

Yes , it will & u have to charge GST

it has to be IGST only since the same will be treated as inter-state supply 

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