Dear Sir
My son has sent for my maintenance from US in US$ to be credited to his NRE account for my maintenance. It is not a business receipt at all. I used to draw for my personal expenses only. I had not asked for any FIRC also. In the circumstances, whether he should pay CGST and SGST in respect of the remittance. Bankers have debited his account. If you could share the relative notification, I shall take it up with the Bankers immediately.
Muralidharan
Funds from US to NRE Account: GST on Currency Conversion Charges Explained, Not on Personal Remittances. An individual inquired about the applicability of Goods and Services Tax (GST) on funds remitted by their son from the US to their NRE account for personal maintenance. The individual clarified that the remittance was not a business transaction and questioned whether Central GST (CGST) and State GST (SGST) should be paid. Respondents clarified that GST is applicable on currency conversion charges, which the bank charges according to GST provisions, regardless of whether a Foreign Inward Remittance Certificate (FIRC) is received. (AI Summary)
TaxTMI 
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