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Merchant trade - non physical import export

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..... Merchant trade - non physical import export
Query (Issue) Started By: - ravikumar venkatraman Dated:- 26-7-2017 Last Reply Date:- 27-7-2017 Goods and Services Tax - GST
Got 1 Reply
GST
De .....

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..... ar All, We are a EPC contractor & do project all over the world. Due to our customer's preferential list we need to choose vendors all over the world. By this we come accross to supply from One .....

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..... country to Another country without making any physical import to / export from India. We are billing from India payment from customer will be collected in our account in India and subsequently remit .....

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..... tance shall be made from India. Whether such transaction will attract any GST. Kindly also clarify other tranaction when we import and re export. Thank you Ravikumar- Chennai 044-33430126 Reply .....

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..... By KASTURI SETHI: The Reply: You are engaged in import and export both. In import case, Indian counterpart will pay GST. Regarding export it is obvious no GST is to be paid. Export procedure has to b .....

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..... e followed.
Discussion Forum - Knowledge Sharing .....

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