Recovery of foreign remittance from merchant exporter

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ? 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 ? - Reply By .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Shilpi Jain - The Reply = 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. - Reply By CAHemanth Kumar - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The Reply = Agreed with the view of Shilpi Jain madam. - Reply By Ganeshan Kalyani - The Reply = I agree with the views of the expert. - Recovery of foreign remittance from merchant exporter - Qu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ery Started By: - Rajesh Kumar Dated:- 23-1-2022 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndia - 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