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GST and tax
I want to ask a Query related to both direct tax and Gst. I have a client who is doing third country trade of zinc, metal and lead. Third country trade means purchasing goods from outside country and directly sell the goods from that outside country to another country. I want to know direct tax and gst impact on this transaction
Replies (6)
biling purchase ki and sell ki client ke name se hogi
It's a high sea sale.GST payable under RCM . Custom duty payable by ultimate customer.
Yes. I agreed with Mr Rahul RD.,
It's dealt as High Sea Sales. GST payable under RCM basis...
It's dealt as High Sea Sales. GST payable under RCM basis...
definition of high sea sales as per GST act?
high seas sales us transctn bolte hai... jaab goods india aagya then custom clearance se pehle usko trnsfr krde.... high sea sales kehte.. mere case main goods india aaya nhi
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