24 October 2023
Dear Members, The Company (Located in Poland) supply the goods of Cosmetics to their clients (Outside India) in Foreign Currency and due to fluctuation in Currency exchange rates, the difference amount during the sale of goods is refunded to My Client. So, my queries is given under - 1. Can the difference amount to be taken in foreign currency. 2. Whether the GST will be liable if in case the amount is received in Indian Currency and what is the GST rate to be charged to the Company by my client.
CAclubindia
