what is the procedure of billing and sales to bhutan?
And is tax exemption still applicable for bhutan sales against exemption certificate from bhutan custom department?
3 Replies
Kunal Pansari
(Accountant)
(1037 Points)
Replied 26 July 2017
Charge IGST and claim the ITC for the same. Else, furnish LUT/Bond along with Bank Guarantee
Nilesh Agarwal
(8 Points)
Replied 27 July 2017
Do we need a separate export license now..?? And if we charge IGST and supply goods.. can we claim ITC immediately after recieving the exemption certificate?
Kunal Pansari
(Accountant)
(1037 Points)
Replied 27 July 2017
Having an Import/Export License is advisable. You can claim your ITC in your next return
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