Cross Border transaction
Query (Issue) Started By: – Yogesh Ashar Dated:- 5-2-2019 Last Reply Date:- 6-2-2019 Goods and Services Tax – GST
Got 5 Replies
GST
Dear Sir
\nThere 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.
\n1. Whether in view of the Amendment in IGST act , this transaction will be exempt from tax.
\n2. 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.
\n3. Impact due to Sec 7(5) and whether IGST will b<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n isfied condition is recipient is not located outside India. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Cross Border transaction Query (Issue) Started By: – Yogesh Ashar Dated:- 5-2-2019 Last Reply Date:- 6-2-2019 Goods and Services Tax – GSTGot 5 RepliesGSTDear 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 … Continue reading “Cross Border transaction”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-16588","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/16588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16588"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/16588\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nReply By KASTURI SETHI:
\nThe Reply:
\nIntelligent interpretation and analysis by Sh.Mahadev R.
\nReply By Yogesh Ashar:
\nThe Reply:
\nDear Sir
\nThey have added this transaction in Schedule III to the CGST Act. In view of this will it be exempt
\nregards
\nReply By Spudarjunan S:
\nThe Reply:
\nDear Yogesh Ashar sir,
\nThrough the CGST Amendment Act, 2018 the entry no.7 which has been added is only for "SUPPLY OF GOODS" the same is extracted below:-
\n32. In Schedule III of the principal Act, –
\n(i) after paragraph 6, the following paragraph shall be inserted, namely:
\n“7. Supply of goods from a place in the non-taxable territory to another place in the non-taxable territory without <\/p>\n
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