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GAIN ON FOREIGN EXCHANGE TRANSACTIONS, Goods and Services Tax - GST

Issue Id: - 115143
Dated: 3-7-2019
By:- KESHAV GROVER
GAIN ON FOREIGN EXCHANGE TRANSACTIONS

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WHETHER GAIN ON FOREIGN EXCHANGE TRANSACTIONS WOULD FORM PART OF SUPPLY FOR EXPORTER? AND WHETHER IT IS SUPPLY FOR EXPORTER OR NOT?

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Showing Replies 1 to 2 of 2 Records

1 Dated: 3-7-2019
By:- Nandan Khambete

No. Supply happens and Value is fixed when Supply is made and tax invoice is generated. Forex fluctuation will not have any impact.


2 Dated: 4-7-2019
By:- Ganeshan Kalyani

It will not form part of supply.


1

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