Query related to point of taxation

It's merchant Trading cover under Schedule III , Neither .a supply of goods nor supply of Services.

Note. : No GST applicable

rusubh .
registration in india.
Income deemed to accrue or arise outside INDIA.
So incidence of taxation not in India.

GST not applicable in this Transaction. This is a case of MERCHANT TRADING and after amending the CGST Act 2017 in 2018 ( i.e. CGST Amendment Act 2018 ), Merchant Trading, High Sea Sales, and Inbond Sales was included in the SCHEDULE III of the CGST Act 2018. Hence these transactions neither constitute Supply of Goods or Supply of Services.

Hence GST not applicable.

Warm Regards.