A person earning commission on supply of goods outside India where both the seller and the purchaser of goods are located in outside India and the movement of goods are also outside India and commission is received in Foreign Currency.
Q. Whether GST will have to be paid on this transaction? If yes, what would be the transaction value in case where the Invoice is raised in foreign currency for which the payment will be received at a later date and which is again subject to exchange fluctuations. Also, how to claim refund on such tax paid?
