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GST while receiving inward remittances, Goods and Services Tax - GST

Issue Id: - 113500
Dated: 21-3-2018
By:- Vihan S

GST while receiving inward remittances


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We are exporting software/services and as per the contract the transfer costs are born by us, thus the total invoice value is always like 100$ - less the banking charges, so my clients transfer the full $100 and than the intermediary bank (the bank in between my client and the bank appointed by my bank in US) charges around $5 and the rest amount is transferred to my bank who than transfers me the amount in Indian currency on request. Am i liable to pay gst under reverse charge on the $5 i have not received?

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Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 21-3-2018
By:- Ganeshan Kalyani

in my view no.


2 Dated: 21-3-2018
By:- Alkesh Jani

Sir, I agree with the views of Sh. Ganeshan ji


Page: 1

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