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bonded warehouse sale

16 July 2017

I have a bonded warehouse in Bangalore and if I sale from this Warehouse to any person who is located in Bangalore also the supply will be treated as INTER-STATE supply? and IGST will be charged in invoice copy?

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3 Replies

Sandeep Upadhyay (1518 Points)
Replied 16 July 2017

Intra state SGST and CGST

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Momin Ali (156 Points)
Replied 16 July 2017

IGST कानून के मुताबिक, इम्पोर्ट और एक्सपोर्ट को भी इंटर-स्टेट कारोबार के बराबर (डीम्ड) माना जाएगा, लेकिन एक्सपोर्ट के लिए गुड्स एंड सर्विसेस की सप्लाई को ‘जीरो रेटेड सप्लाई’ माना गया है।

Momin Ali (156 Points)
Replied 16 July 2017

Interstate trade or commerce will, therefore include supply of goods / services in the course of –

Inter-state trade or commenceImport into Indian territory (deemed to be inter-state)Export (deemed to be inter-state)

Thus, IGST shall apply to inter-state transactions and import as well as export transactions (deemed to be inter-state transactions) relating to supply of goods and / or services.