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gst applicability to FTZW

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..... X Co is located in a Free trade warehousing zone (FTWZ) and provides warehousing services to customer abroad X co stores goods in warehouse on behalf of foreign customers who send goods to the FTWZ X co charges warehousing charges to the overseas customers and receives money if foreign exchange Will X co require to charge GST on such warehousing services and which tax is applicable Experts v .....

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..... iews solicited - Reply By PAWAN KUMAR - The Reply = Dear Sir, As per the IGST Act , since it is not the export of service because place of supply is in India. It will be supply of service by FTWZ and as per IGST Act , 7(5)(b) , it will be supply of service by SEZ/FTWZ and hence will cover under inter-state trade and accordingly it will become IGST Payable. - Reply By Madhavan iyengar - T .....

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..... he Reply = Sir thanks for your reply but one more query will SEZ and FTZW provisions override the gst act and can it not be treated as zero rated and qualify as export pls clarify as all other conditions of export of service is satisfied only exception being place of provision but since sez / ftzwis outside the territory of india will it not be considered as export - Reply By PAWAN KUMAR - T .....

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..... he Reply = Dear Sir, I again checked the provisions. Since SEZ has been notified as the place outside indian territory. services from outside indian territory and as per other conditions of export of service, it will be cover under export of services since place of supply is sez which is outside indian territory. - gst applicability to FTZW - Query Started By: - Madhavan iyengar Dated:- 9-12-2 .....

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..... 019 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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