GST while receiving inward remittances, Goods and Services Tax - GST

[Vihan S]

We are exporting software/services and as per the contract the transfer costs are born by us, thus the total invoice value is always like 100$ - less the banking charges, so my clients transfer the full $100 and than the intermediary bank (the bank in between my client and the bank appointed by my bank in US) charges around $5 and the rest amount is transferred to my bank who than transfers me the amount in Indian currency on request. Am i liable to pay gst under reverse charge on the $5 i have not received?

Posts / Replies

[Ganeshan Kalyani]

in my view no.

[Alkesh Jani]

Sir, I agree with the views of Sh. Ganeshan ji