TMI Bloggst applicability to FTZWX X X X Extracts X X X X X X X X Extracts X X X X ..... gst applicability to FTZW X X X X Extracts X X X X X X X X Extracts X X X X ..... ing 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 views 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), ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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: The 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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: The 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 se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rvices since place of supply is sez which is outside indian territory. X X X X Extracts X X X X X X X X Extracts X X X X
|