GST impact on Third country Export-reg
Dear sir,
We have received order from Customer who is located in out side India for supply of equipment at Oman. We intend to purchase the equipment from China and supply to Customer directly from there. Chinese Company will bill to our company in India and inturn , we will bill to Customer located outside India. I would like to know the GST impact on this transaction.
Regards
N.Balachandran
No GST on Switch Bill of Lading Transactions for Equipment Supply to Oman, Clarifies Query on International Deals. A query was raised regarding the Goods and Services Tax (GST) implications on a transaction involving the purchase of equipment from China for direct supply to a customer in Oman. The Chinese company would bill the Indian company, which would then bill the customer outside India. The response clarified that there is no GST applicable on switch bill of lading transactions, indicating that such international transactions are exempt from GST under these circumstances. (AI Summary)
Goods and Services Tax - GST