Hello Experts!
E-books sold outside India through online portal of USA payment received in Indian Bank Account, what is the applicability of GST?
Supply is sale of E-book ( immovable property - service under GST).
8 Replies
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 05 August 2020
Location of supplier is in india
Location of recipient is outside India
Place of supply is also outside India
Inward remittance recieved in foreign currency.
Therefore it can b considered export of service under GST.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 05 August 2020
Export of service may require to pay tax or supply under LUT.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 05 August 2020
Shall consider your case specific once with a consultant. To avoid litigation nd tax liability in future.
Vijayprakash P
(1313 Points)
Replied 05 August 2020
NEFT charges of SBI are as follows: Upto Rs. 10000, Internet banking charges:₹1+Gst. Transaction charge at Bank Branch:₹2.5+Gst. The above charges are applicable as per transaction basis and attract GST @ 18%.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 06 August 2020
As per Notification 13/2018 CT (R) Supply of E-books cover under Supply Services under head 9984.
And As per Section 2(6) of IGST Act it covers under Export Services.
Thus need to pay IGST @ 5% else file LUT .
And As per Section 2(6) of IGST Act it covers under Export Services.
Thus need to pay IGST @ 5% else file LUT .
Amish Maknojia
(Student)
(507 Points)
Replied 06 August 2020
But after taking LUT do I need to submit it anywhere?
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 06 August 2020
| Originally posted by : Amish Maknojia | ||
 |
But after taking LUT do I need to submit it anywhere? |  |
No, But u need to mention "Export under LUT" in tax invoice.
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