A MANUFACTURING COMPANY HAD MADE EXPORT SALES TO LLC IN USA .THAT LLC IS ASKING SOME CONSIDERATION FOR INCREASE IN TURNOVER FOR YEAR ON YEAR . UNDER WHAT NOMINCLATURE THIS SHOOULD BE BOOKED .IS THERE ANY REVERSE CHARGE PAYABLE KINDLY CLARIFY
SALES PROMOTION EXPENSES
SRIDHARVURUPUTURI CHARY
Manufacturing company seeks guidance on categorizing export sales to USA LLC; queries on GST reverse charge applicability. A manufacturing company made export sales to an LLC in the USA, which is requesting consideration for an increase in year-on-year turnover. The company seeks clarification on how to categorize this transaction and whether any reverse charge is payable under GST. The response inquires about the relationship between the LLC and the manufacturing company and the purpose behind the requested consideration for the turnover increase. (AI Summary)