Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Supply by EOU

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f 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 dir .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ectly exported, will there be any export benefit available to XYZ? - Reply By CA Venkata prasad Pasupuleti - The Reply = GST is liable on the supply of API as it does not construe the 'export of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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. - Supply by EOU - Q .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uery Started By: - Kaustubh Karandikar Dated:- 31-12-2019 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Manag .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates