TMI BlogJob work done for overseas customerX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi Could any of our experts in the group help us get detailed procedure for Job Work done for overseas customer? Raw Material will be supplied by the foreign buyer, right from import of that raw material till supply of finished goods to overseas buyer, what are various compliance to be kept in mind. Your valuable insights are greatly appreciated. best regards TRL - Reply By YAGAY and SUN - The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply = You will pay the Customs Duty IGST on import of goods for the purpose of Job Work. Avail the Credit of IGST. Conduct the job work on the goods received. Issue Commercial Invoice, Tax Invoice, (for the value job work conducted) Packing list and pay the IGST or export under LUT/Bond. - Reply By KASTURI SETHI - The Reply = I support the views of M/s. YAGAY and SUN, Sirs. - Reply B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Ganeshan Kalyani - The Reply = Consider receipt of material as import and pay taxes . Supply of goods is an export. - Reply By CAHemanth Kumar B - The Reply = Dear Experts, Can`t we apply the benefit of Notifiaiton No 32/1997 of customs to import goods (without payment of BCD). Job work is a supply of service, how can we treat it as export of goods. - Job work done for overseas cust ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... omer - Query Started By: - Lakshminarayanan TR Dated:- 13-6-2018 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|