GST Applicable or not & if yes How

[Ramesh Sah]

We have a proprietorship in name of Nepalekart, We basically sales recharge which is delivered as topup in Nepal but the money is collected from Indian person. As there are many Nepalese working in India but their family stays in Nepal so they go to our website & place a order of recharge through www.nepalekart.com. Since the topup is delivered in Nepal's so wanna ask whether we are liable to pay GST or not If yes then under which section & how we are taxable.

Money is collected through payumoney ie our payment gateway & the same is sent to Nepal through Bank ie swift is done to vendor in Nepal & the same money is deposited in our agent login as wallet balance in Nepal & the same wallet balance is used by customer here in India to pay & topup their nepali prepaid postpaid mobile number

AI Summary

GST on Nepalekart's Mobile Top-Ups: Only Processing Fees Taxable under IGST Act, 2017 as Intermediary Services. A proprietorship named Nepalekart, which facilitates mobile top-ups for Nepalese residents from India, queried about GST applicability. The service involves collecting payments in Indian currency and transferring funds to Nepal. The discussion centered on whether GST applies to the total transaction or just the processing fees. Participants clarified that under the IGST Act, 2017, the service qualifies as 'intermediary services,' requiring GST payment on the processing fees only, not the entire transaction amount. This conclusion was based on the definition of an intermediary and the location of supply being in India.