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TaxTMI 
How To Invoice A Foriegn Company for Delivery of goods in India
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....ow To Invoice A Foriegn Company for Delivery of goods in India<br> Query (Issue) Started By: - Prashanth Jadhav Dated:- 19-11-2023 Last Reply Date:- 2-12-2023 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>Dear Sirs/Madam, I am a registered GST Business in Bangalore.I provide IT products and supplies to customers. I have recently received an Order from a IT services company situated in ....
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....Saudi Arabia to supply laptops and IT accessories to their partner/customer in India Bangalore. The foriegn company has made a wire transfer to my bank account. Now how do I invoice the company. & Since the place of supply of goods is in India Kindly let me know how should the GST be charged in this case. Thank you. Reply By KASTURI SETHI: The Reply: Sh. Prashanth Jadhav Ji, It is a fact tha....
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....t goods remained within India. Goods did not move physically out of India. The said goods remained within same State and same city (Karnataka & Bangalore ) Hence the goods do not qualify as export under Section 2(5) of IGST Act, 2017 and Section 2 (18) & (19) of the Customs Act, 1962. Relevant extract is given below :- Customs Act, 1962 As per Section 2 "(18) of Customs Act, 1962 "expo....
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....rt", with its grammatical variations and cognate expressions, means taking out of India to a place outside India; (19) "export goods" means any goods which are to be taken out of India to a place outside India;" In view of the above, I am of the view that invoice indicating CGST and SGST should be raised. Disclaimer : These are my personal views and meant for education purpose. My vie....
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....ws are not meant for any court proceedings. Reply By Ganeshan Kalyani: The Reply: I agree with the view of Sri Kasturi Sir, the transaction does not quality as export. Since place of supply is same state - CGST + SGST shall apply. Reply By KASTURI SETHI: The Reply: In continuation of my above reply, it is pertinent to add that this transaction/supply is also out of the definition and scope of....
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.... 'deemed exports' as per Section 2(39) of the CGST Act, 2017 and Section 147 of the CGST Act, 2017 and Notification No. 148/2017-C.T., dated 18-10-2017 : Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: I also agreed with the views of Shri Kasthuri Sethi. Reply By Sadanand Bulbule: The Reply: Dear querist, The experts have not only answered precisely but also expanded the concept of int....
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....ra-state supply and export of goods. They have illuminated and revealed the reality of the nature of subject transaction for other visitors as well.<br> Discussion Forum - Knowledge Sharing ....