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Supply by EOU, Goods and Services Tax - GST

Issue Id: - 115829
Dated: 31-12-2019
By:- Kaustubh Karandikar
Supply by EOU

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XYZ(EOU) will be “Billing” the supply of API (Raw Material) to PQR (U.K.) and physically “Shipping” the supply to ABC(India). XYZ will receive the money in foreign currency from PQR. The formulation of the said goods viz. capsules will be directly exported to PQR by XYZ. 1) Is XYZ require to charge BCD + GST for such supply since ‘Bill To” is U.K. but ‘Ship To’ is India? 2) For the formulation directly exported, will there be any export benefit available to XYZ?

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1 Dated: 11-1-2020
By:- CA Venkata prasad Pasupuleti

GST is liable on the supply of API as it does not construe the 'export of goods' in the absence of physical movement outside India.

For the formulation, it can be treated as export and all benefits like GST refund & MEIS scrips can be availed.


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