Supply by EOU

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..... Supply by EOU
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 31-12-2019 Last Reply Date:- 11-1-2020 Goods and Services Tax - GST
Got 1 Reply
GST
XYZ(EOU) will be "Billing" the su .....

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..... pply of API (Raw Material) to PQR (U.K.) and physically "Shipping" the supply to ABC(India). XYZ will receive the money in foreign currency from PQR. The formulation of the said goods viz. capsules wi .....

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..... ll be directly exported to PQR by XYZ. 1) Is XYZ require to charge BCD + GST for such supply since 'Bill To" is U.K. but 'Ship To' is India? 2) For the formulation directly exported, will there be any .....

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..... export benefit available to XYZ? Reply By CA Venkata prasad Pasupuleti: The Reply: GST is liable on the supply of API as it does not construe the 'export of goods' in the absence of physica .....

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..... l movement outside India. For the formulation, it can be treated as export and all benefits like GST refund & MEIS scrips can be availed.
Discussion Forum - Knowledge Sharing .....

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