To Issue Invoice in USD for Material supply to FTWZ

[NISHANT SHAH]

Dear All,

Our client got order from Maharashtra party for supply of goods to their FTWZ Unit(Free Trade Warehousing Zone) at Panvel. Now its customer at Maharashtra want invoice to be raised in USD. Can our client make invoice in USD?

If so, 1) please provide notification or circular relevant to it.

2) what condition need to be fulfilled by client before dispatch of material at FTWZ?

3) can our client make supply under LUT (zero-rated)?

Please reply with relevant notification of gst.

AI Summary

Client to Supply Goods to FTWZ Unit in Panvel with USD Invoicing; GST Returns Require INR Conversion A client received an order from a Maharashtra-based party to supply goods to their Free Trade Warehousing Zone (FTWZ) unit in Panvel, with the request to issue the invoice in USD. It is confirmed that invoices can be issued in USD, but for GST returns, amounts must be converted to INR. The client can supply goods under a Letter of Undertaking (LUT) as zero-rated. The Special Economic Zones Act, 2005, and related rules govern FTWZ operations, and export entitlements are available for goods supplied from the Domestic Tariff Area to FTWZ.