If ‘Bill To’ is outside India and ‘Ship To’ is to an SEZ unit, will the transaction be treated as B2B or Export?
Bill To Ship To Transactions
Kaustubh Karandikar
Clarification sought on GST transaction classification: 'Bill To' overseas, 'Ship To' SEZ unit. Not zero-rated under IGST Act Section 16(1). A query was raised regarding the classification of a transaction under GST where the 'Bill To' address is outside India, and the 'Ship To' address is an SEZ unit. One response classified the transaction as an export, while another indicated it is not a zero-rated supply under Section 16(1) of the IGST Act, 2017. The latter emphasized that the opinion shared was personal and not professional advice. (AI Summary)