https://www.taxtmi.com/forum/issue?id=114059 Inward remittances for export transactions are treated as inter state supplies and attract IGST, with the applicable GST rate depending on the nature of the service. GST liability allocation depends on contractual terms and transaction facts. Foreign currency conversion and collection charges follow prescribed GST slabs; agents often remit net proceeds. Proper regularisation of remittance documentation and compliance with RBI rules on third party remittances are essential, as noncompliance may affect GST treatment and invite penalties. en-us Tue, 21 Aug 2018 08:57:56 +0530 Thu, 23 Jan 2025 15:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114059 Inward remittances for export transactions are treated as inter state supplies and attract IGST, with the applicable GST rate depending on the nature of the service. GST liability allocation depends on contractual terms and transaction facts. Foreign currency conversion and collection charges follow prescribed GST slabs; agents often remit net proceeds. Proper regularisation of remittance documentation and compliance with RBI rules on third party remittances are essential, as noncompliance may affect GST treatment and invite penalties. Discussion-Forum GST Tue, 21 Aug 2018 08:57:56 +0530 https://www.taxtmi.com/forum/issue?id=114059