Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Personal Inward Remittance

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Personal Inward Remittance
Query (Issue) Started By: - Muralidharan Arumbakkam Dated:- 20-9-2018 Last Reply Date:- 27-10-2018 Goods and Services Tax - GST
Got 3 Replies
GST
Dear Sir My s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on has sent for my maintenance from US in US$ to be credited to his NRE account for my maintenance. It is not a business receipt at all. I used to draw for my personal expenses only. I had not asked f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or any FIRC also. In the circumstances, whether he should pay CGST and SGST in respect of the remittance. Bankers have debited his account. If you could share the relative notification, I shall take i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t up with the Bankers immediately. Muralidharan Reply By Yash Jain: The Reply: Sir, The bank has charges gst on currency conversation charges duly in accordance with applicable GST provisions. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... It is to be charged by them, irrespective of fact whether we receive firc or not. Rgds Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Bank will charge GST on this. Reply By Ganeshan Kalyani: The .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reply: GST is payable on the conversation value.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates