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GST on tooling made for foreign customers

Santosh Khatavkar   06 August 2020

Santosh Khatavkar

 1 points

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We are 100% exporter, export parts of valves and pumps. We get prepared tooling and patterns as per customer requirements and with the help of those toolings and patterns we are producing castings.
We are getting the expenses incurred for preparing toolings and patterns.

Now the question is
1)Whether GST is applicable as we are receiving the tooling income?

2) Whether it will be considered as export?

3) Whether we have to consider this export of services?

4) What will be the GST rate and how to pay this?

5) Can we claim the GST as thier is no recipient of the input gst?

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