Documents under GST for Billed to foreign Company and shipped to Indian company

[Dilip singh]

Dear All

One of our client Indian Company (IC) is returning damaged goods to its foreign company(FC) from whom it has imported few months back , but FC is asking to return the goods to its Indian subsidiary (IS) and raise invoice to the FC for payment. In this case under which documents the IC shall transfer the goods to the IS. we know it will not be treated as Exports as the goods are not moved outside India. We want to know how to pay GST on this and under which documents goods will be moved withing India. within India goods will be send from one state to another state. please let me know what should be charged IGST or CGST&SGST.

Rakesh

AI Summary

Indian Company Sends Damaged Goods to Subsidiary; Uses Credit Note for GST, Delivery Challan for Transfer An Indian company (IC) is returning damaged goods to a foreign company (FC) from which it originally imported them. However, the FC has instructed the IC to send the goods to its Indian subsidiary (IS) and invoice the FC. The IC queries how to handle the Goods and Services Tax (GST) and documentation for this transaction, as it is not considered an export since the goods remain in India. The response suggests using a credit note from the FC, implying no GST liability, and transferring the goods with a delivery challan (DC) to the IS, as it is not a supply transaction.