Income on dollar exchange diff.

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..... Income on dollar exchange diff.
Query (Issue) Started By: - mukesh gupta Dated:- 5-2-2020 Last Reply Date:- 6-2-2020 Goods and Services Tax - GST
Got 2 Replies
GST
Dear sir, I m importer .....

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..... of iron & steel . In case of buyers credit there of diff.in exchange rate . So if it exist is there any GST under RCM is applicable on income of such dollar exchange. Thanks & regards Mukesh Reply .....

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..... By Ganeshan Kalyani: The Reply: In my view, there is no GST on foreign exchange gain. Reply By KASTURI SETHI: The Reply: Will you please elaborate your query ?
Discussion Forum - Knowledge Sha .....

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..... ring .....

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