We raised Consultancy/Advisory Invoices on Foreign parties in their currency for services given for their products sales in
India.We issued Invoice in their Currency as a consultancy /advisory charges. Foreign Parties issued our bill payment in their currency and we received in indian currency. Then What is GST Liability? and tell me how to make GST Invoice in Indian Ruppess or Foreign Currency
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GST on Consultancy/Advisory services
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File RFD11 for letter of undertaking online (LUT).... Export of goods and services are zero rated.... Only in case of u hv not LUT and BOND then u hv to pay tax first after that claim for refund.... Consultancy services gst rate is 18%....services export through LUT.... Then no gst on that..... And convert ur dollars bill into Indian currency by taking average reference rate of RBI on that day..
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