X Co is located in a Free trade warehousing zone (FTWZ) and provides warehousing services to customer abroad
X co stores goods in warehouse on behalf of foreign customers who send goods to the FTWZ
X co charges warehousing charges to the overseas customers and receives money if foreign exchange
Will X co require to charge GST on such warehousing services and which tax is applicable
Experts views solicited
Debate on GST Applicability for X Co's FTWZ Warehousing Services: Export Status May Exempt from IGST Charges X Co, located in a Free Trade Warehousing Zone (FTWZ), provides warehousing services for foreign customers and receives payments in foreign exchange. The query concerns whether X Co needs to charge GST on these services. An expert, Pawan Kumar, initially suggests that under the IGST Act, these services are considered inter-state trade, making IGST payable since the place of supply is India. However, after further discussion, it is clarified that since SEZs are considered outside Indian territory, the services may qualify as exports, potentially exempting them from GST. (AI Summary)
TaxTMI 
TaxTMI 
