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    <title>GST on foreign bank charges</title>
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    <description>GST reverse charge applicability for foreign bank charges deducted from export remittances depends on whether those charges are a cost borne by the supplier or are borne by the customer; the query asks if GST under reverse charge is payable on such bank charges and the reply identifies the allocation of cost as determinative.</description>
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      <link>https://www.taxtmi.com/forum/issue?id=114970</link>
      <description>GST reverse charge applicability for foreign bank charges deducted from export remittances depends on whether those charges are a cost borne by the supplier or are borne by the customer; the query asks if GST under reverse charge is payable on such bank charges and the reply identifies the allocation of cost as determinative.</description>
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      <law>GST</law>
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