GST on exchange rate flutuation gain
Query (Issue) Started By: – Kaustubh Karandikar Dated:- 11-2-2019 Last Reply Date:- 1-7-2019 Goods and Services Tax – GST
Got 4 Replies
GST
Against supply of services for export, the amount is received by the supplier in foreign currency. There is a gain in this transaction to the supplier due to exchange rate fluctuation. Is the supplier liable to pay GST on the gain due to exchange fluctuation? If no under which provisions?
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