Goods and Services Tax – Started By: – Bipul Goyal – Dated:- 27-9-2017 Last Replied Date:- 9-5-2018 – Sir , we are selling ritual items on ebay internationally. We do not import or export directly. After receiving order we are directly asking our Nepal supplier to send item to client at USA. And money comes to my account in India through PayPal. Order comes in small scale. So Nepal supplier makes a small parcel and sends to my client through post office. So what should I do after GST ? – Reply By KASTURI SETHI – The Reply = In this situation three stages are involved. 1. You place the purchase order on Nepal supplier. This is export of service from taxable territory. 2. Nepal dealer supplies the goods to a person in USA. This activity is f
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een received. Both conditions fulfilled for export purpose or criteria. – Reply By Bipul Goyal – The Reply = Namaste sir thanks for your help. How will I show it in GST return – Reply By KASTURI SETHI – The Reply = That is possible after looking into terms and conditions of contract, if any. – Reply By Bipul Goyal – The Reply = Thanks for your message sir. There is no agreement between me and supplier in Nepal. Actually there is 2 or 3 supplier from whom I purchase. It s a small scale shipment. I get orders in Ebay from Usa. Each order is in between 10 usd to 40 usd. After that I ask my Nepal supplier to pack that item and send it through post office ( registered mail from Nepal ) All the payments I receive in India through PayPal. PayPal c
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Column 8 A 8 B etc. – Reply By KASTURI SETHI – The Reply = There is a difference between zero rated and NIL. Exempted goods also carry separate category for the purpose of accountal and filling in GSTR returns. One has to be careful. – Reply By KASTURI SETHI – The Reply = Against export you are eligible for ITC and against NIL and exempted you are not eligible for ITC. You have not followed export procedure. This is the difference. – Reply By Bipul Goyal – The Reply = Thank you sir. What will be better to do ? Can you please suggest me a good CA. you can fill up GST return. – Reply By KASTURI SETHI – The Reply = I do not prepare returns. You may contact expert CA in your city. – Reply By Bipul Goyal – The Reply = Namaste sir.after gst coun
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