Tax Management India. Com
                        Law and Practice: A Digital eBook ...

☞ Data-bank

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News D. Forum
What's New  Latest Cases 


Discussions Forum
Home Forum Goods and Services Tax - GST This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Recovery of foreign remittance from merchant exporter, Goods and Services Tax - GST

Issue Id: - 117774
Dated: 23-1-2022
By:- Rajesh Kumar
Recovery of foreign remittance from merchant exporter

  • Contents

Sor/ madam

When goods exported through merchant exporter, is there any requirements under any provisions that foreign remittance gain to merchant exporter is to be recovered by manufacturer of goods ? Is it mandatory for manufacturer to recover this forex ?

if yes, what will be the procedure to recover that forex? If through debit note, what will be effect on gst and at rate of gst ?

Post Reply

Posts / Replies

Showing Replies 1 to 3 of 3 Records

1 Dated: 23-1-2022
By:- Shilpi Jain

As far as GST is concerned the exporter i.e. the merchant exporter is required to get the forex and not the person supplying to the exporter.

2 Dated: 24-1-2022
By:- CAHemanth Kumar

Agreed with the view of Shilpi Jain madam.

3 Dated: 4-2-2022
By:- Ganeshan Kalyani

I agree with the views of the expert.


Post Reply

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||