Foreign remitance

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 February 2018 Dear Sir,
please clarify if i have received fund from outside against services or commission. GST applicable to us or not,
Note: delivery of services in India not outside only remittance received from outside, we are eligible for LUT Bond or any other GST Exeption.

Natasha jhaver

Natasha jhaver (Expert)
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19 February 2018 Can you detail out the services you have provided?
It will be governed by Section 13 of the IGST Act.

Querist : Anonymous

Querist : Anonymous (Querist)

20 February 2018 not covered Section 13, only we are providing service indenting & trading on behalf of foreign parties, we are only mediates, services delivered by us in local (India) Invoice raised to foreign parties,

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Udaya Chandran

Udaya Chandran (Expert)
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20 February 2018 As per my understanding, the goods are sold in India only, so the place of supply India and GST is applicable.

Querist : Anonymous

Querist : Anonymous (Querist)

01 March 2018 please suggest us about Intermediary services?
if a Chartered Accountant Doing Consultancy Services In India for Foreign party then gst applicable to Monthly Fee or not.