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GST on Tooling development charges - Export

Goods and Services Tax - Started By: - K.Srinivasan Kuppuswamy - Dated:- 4-12-2017 Last Replied Date:- 9-3-2018 - Sir,We are casting manufacturing industry . To manufacture castings we need to develop tool as per the overseas customer specification. .....

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on debit for the tool cost recovery from overseas customer.Please provide your valuable views in the GST regime whether GST is applicable on debit note on overseas customer for the tooling cost recovery for which the tool retained by us for further .....

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m told by one of the consultants in Maharashtra that they had approached the GST officials in Kolhapur and they have said it is an export of service. His clients do not charge GST treating it as export of service and receive the payment in foreign Cu .....

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etained by us for further manufacture of components.Whether the debit note will be treated as export of goods or export of service and GST applicability RegardsK Srinivasan - Reply By Ramaswamy S - The Reply = Yes the tool is retained for the purpose .....

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as an export as there is no shipping bill to prove that the goods have left the country.The point of service is intra state and CGST+SGST is payable, the ITC of which cannot be claimed being an outward supply. Further, as the customer is not in the t .....

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ort realization in FC.In our case too, we also treat it as export of service.RegardsS.Ramaswamy - Reply By K.Srinivasan Kuppuswamy - The Reply = Sir,We are casting manufacturing industry . To manufacture castings we need to develop tool as per the ov .....

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e is no excise duty applicable on debit for the tool cost recovery from overseas customer.Please provide your valuable views in the GST regime whether GST is applicable on debit note on overseas customer for the tooling cost recovery for which the to .....

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ol cost.manufactures those who are developing the tool for customer for manufacturing of components unable to raise debit note or invoice on overseas customer in the GST regime.What is the ultimate remedy? RegardsK.Srinivasan - Reply By K.Srinivasan .....

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