dear expert,
I have exported services to Dubai.
but my client has FCNR account in India.
so instead of paying me $ they have transferred INR from their FCNR Account.
now m worried about GST bcouz one of the condition for export is
payment should be rec'd in convertible foreign exchange.
can anyone guide me weather the transaction is treated as export of service or not.
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GST on export txns
Replies (4)
1. Contact your back to issue a BRC/FIRC wrt the payment received.
2. After above, Make a refund application on Gst portal.
If the jurisdiction officer is convinced with this proof of receipt then he may grant refund.
Note : In future transactions request your cliney to make the payment in convertible foreign currency only, so that bank can issue FIRC easily.
2. After above, Make a refund application on Gst portal.
If the jurisdiction officer is convinced with this proof of receipt then he may grant refund.
Note : In future transactions request your cliney to make the payment in convertible foreign currency only, so that bank can issue FIRC easily.
sir bank is saying that they have recvd amount in INR.
m not worried about refund as m service provider and don't have much input credit.
m asking about applicability of GST.
if this txns is not treated as export then m liable to pay 18% GST.
plz clarify weather gst is applicable...?
m not worried about refund as m service provider and don't have much input credit.
m asking about applicability of GST.
if this txns is not treated as export then m liable to pay 18% GST.
plz clarify weather gst is applicable...?
Yes then said transaction is not classified as export of services
Dear Sir,
Kindly send me GSTR 9 prepared in excel linked with GST R 1 & GSTR 3B to my mail id vishwasirwal @ gmail.com
Thanks
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