sale purchase FOREX

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Ceo
3869 Points Posted on 07 April 2019
why exemption provided for sale or purchase of foreign currency amongst banks,dealers of foreign exchange???
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On 07 April 2019 at 19:35 Report
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Student CA Final
310 Points Posted on 07 April 2019
Yes
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On 07 April 2019 at 20:30
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Ceo
3869 Points Posted on 07 April 2019
Rahul Rastogi read the question first I'm asking whyyyyy
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On 07 April 2019 at 20:31
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GST Practitioner
55067 Points Posted on 07 April 2019
Its Taxable kindly Refer Rule 32 of CGST Act
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On 07 April 2019 at 21:14
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Ceo
3869 Points Posted on 07 April 2019
sir Pankaj it's exempt amongst banks it authorised dealers of forex but directors service to individual is taxed
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On 07 April 2019 at 21:46
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GST Practitioner
55067 Points Posted on 08 April 2019
Yes correct !!! its Exempted .....
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On 08 April 2019 at 00:10
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Ceo
3869 Points Posted on 08 April 2019
but I wanted to know why is it so
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On 08 April 2019 at 08:16

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