Export Sales made by Private Limited Company but payment received by director.

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....xport Sales made by Private Limited Company but payment received by director.<br> Query (Issue) Started By: - MarketingServices INDIALLP Dated:- 4-10-2023 Last Reply Date:- 8-10-2023 Goods and Service....

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....s Tax - GST<br>Got 4 Replies<br>GST<br>Export Sales of Service under the GST Regime was made by a Private Limited Company in the financial year 2022-23 under LUT. However, the payment of the said Expo....

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....rt Sales was received from the foreign recipient by the Director in his own bank account instead of that of a company. What are the implications of this transaction in terms of receipt of payment. R....

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....eply By Padmanathan Kollengode: The Reply: Have you claimed/ claiming refund of ITC? Reply By KASTURI SETHI: The Reply: Dear Querist, This is not legally correct. You may face serious problems in....

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.... FEMA and other Acts. Get it rectified at the earliest. Reply By KASTURI SETHI: The Reply: In order to be safe, visit jurisdictional DGFT office and seek advice for remedy. Reply By Shilpi Jain: T....

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....he Reply: Agreed. Pls consult a consultant who is an expert in FEMA matters.<br> Discussion Forum - Knowledge Sharing ....