Dear Sir
There is logistic movement from a place outside India to a destination outside India. The Service Provider is an Indian Forwarder and the Recipient is an Indian Company. The goods do not touch the shores of India.
1. Whether in view of the Amendment in IGST act , this transaction will be exempt from tax.
2. Whether it can be treated as export as the condition of Service recipient outside India is not fullfilled. The money may be received in foreign currency as transfer from EEFC account by the Service Recipient.
3. Impact due to Sec 7(5) and whether IGST will be applicable regards
Yogesh Ashar
Indian Logistics Transaction Subject to IGST Due to Service Recipient's Location; Not Exempt Under Schedule III CGST Act An Indian company is involved in a logistics transaction where goods are transported between two locations outside India by an Indian service provider. The discussion focuses on whether this transaction is exempt from Goods and Services Tax (GST) under the Integrated Goods and Services Tax (IGST) Act amendments. The main issue is that the service recipient is not located outside India, which does not satisfy export conditions, thus making the transaction subject to IGST. Additionally, the transaction does not qualify for exemption under Schedule III of the CGST Act, as it pertains to services rather than goods. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
