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    <title>GST charge on Transaction advice ;inward remittance;conversion fee</title>
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    <description>GST applies only to the bank&#039;s service charges for foreign inward remittances, such as handling fees, SWIFT charges and forex conversion fees, not to the remittance amount itself. If the bank does not correctly map the customer&#039;s GSTIN, the supply may be treated as B2C and may not appear in GSTR-2B. The bank is expected to issue a GST-compliant tax invoice, link the GSTIN correctly, and report the transaction as B2B so the invoice reflects in GSTR-2B and supports input tax credit.</description>
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      <description>GST applies only to the bank&#039;s service charges for foreign inward remittances, such as handling fees, SWIFT charges and forex conversion fees, not to the remittance amount itself. If the bank does not correctly map the customer&#039;s GSTIN, the supply may be treated as B2C and may not appear in GSTR-2B. The bank is expected to issue a GST-compliant tax invoice, link the GSTIN correctly, and report the transaction as B2B so the invoice reflects in GSTR-2B and supports input tax credit.</description>
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      <law>GST</law>
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