Goods and Services Tax – Started By: – Kavita Sharma – Dated:- 18-7-2017 Last Replied Date:- 19-7-2017 – As per section !3(2), place of supply of service is outside India. Invoice raised was also in foreign currency. But payment recd in INR. My query is what will be the impact of this on GST and Input credit availability. Regards Kavita Sharma – Reply By KASTURI SETHI – The Reply = When the goods are exported, these are to be treated as duty-paid(Now GST paid). Exported are not exempted goods. In pre-GST era, credit on inputs contained in finished goods exported was allowed, and it is allowed even now in GST-era. No adverse effect on GST and ITC, especially, in view of legal position that export to Nepal is at par with our countries now. –
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