Merchant trade - non physical import export

[Guest]

Dear All,

We are a EPC contractor & do project all over the world.

Due to our customer's preferential list we need to choose vendors all over the world.

By this we come accross to supply from One country to Another country without making any physical import to / export from India.

We are billing from India payment from customer will be collected in our account in India and subsequently remittance shall be made from India.

Whether such transaction will attract any GST.

Kindly also clarify other tranaction when we import and re export.

Thank you

Ravikumar- Chennai

044-33430126

[KASTURI SETHI]

You are engaged in import and export both. In import case, Indian counterpart will pay GST. Regarding export it is obvious no GST is to be paid. Export procedure has to be followed.

AI Summary

GST applicability clarified: imports attract GST payable by the Indian counterparty while exports are not subject to GST. Whether GST applies when an Indian EPC contractor arranges cross-border supplies without physical import/export, invoicing and collecting payment in India. Guidance: imports attract GST payable by the Indian counterparty, while exports are not subject to GST and must follow export procedures.