GST rate applicability on exports

Import / Export 133 views 3 replies

One my client is purchasing coal from Russia and selling it to Singapore. The purchased coal is loaded at Russia port and moved to Singapore port directly. 

He is receiving in dollars and paying in dollars.. Will this transaction have GST applicability?

 

 

Replies (3)
GST not applicable on such type of transactions , as per Schedule III , Sub section (7) of the CGST Act 2017 , please refer and Confirm.

Also take more Opinion on this.
YES IGST...... with running rate
@ Jaskaran Singh
please mention under which section of GST ACT , IGST Applicable?.


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