GST on foreign bank charges

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..... GST on foreign bank charges
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 15-5-2019 Last Reply Date:- 16-5-2019 Goods and Services Tax - GST
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GST
In case of supply to .....

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..... customer outside India by XYZ, if invoice value is 100$, the foreign bank is transferring to XYZ,India's bank in India only 98$ after deducting their bank charges of 2$. Is XYZ required to pay GS .....

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..... T under reverse charge on the bank charges deducted by the foreign bank? Reply By Ganeshan Kalyani: The Reply: Is the bank charges is a cost to you, or the customer bournes it.
Discussion Forum .....

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..... - Knowledge Sharing .....

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