GST – Started By: – Yogesh Ashar – Dated:- 5-2-2019 Last Replied Date:- 6-2-2019 – Dear Sir There is logistic movement from a place outside India to a destination outside India. The Service Provider is an Indian Forwarder and the Recipient is an Indian Company. The goods do not touch the shores of India. 1. Whether in view of the Amendment in IGST act , this transaction will be exempt from tax. 2. Whether it can be treated as export as the condition of Service recipient outside India is not fullfilled. The money may be received in foreign currency as transfer from EEFC account by the Service Recipient. 3. Impact due to Sec 7(5) and whether IGST will be applicable regards Yogesh Ashar – Reply By Mahadev R – The Reply = The amended Section 1
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ly = Intelligent interpretation and analysis by Sh.Mahadev R. – Reply By Yogesh Ashar – The Reply = Dear Sir They have added this transaction in Schedule III to the CGST Act. In view of this will it be exempt regards – Reply By Spudarjunan S – The Reply = Dear Yogesh Ashar sir, Through the CGST Amendment Act, 2018 the entry no.7 which has been added is only for SUPPLY OF GOODS the same is extracted below:- 32. In Schedule III of the principal Act, – (i) after paragraph 6, the following paragraph shall be inserted, namely:- 7. Supply of goods from a place in the non-taxable territory to another place in the non-taxable territory without such goods entering into India. In your given case the supplier is providing services (i.e. Logistics serv
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