Question ID : 41049

GST on Bill to Party outside India and shipto party within India

Company X a foreign company from USA ordered materials from Company P in India and Company X asking to bill materials in US Dollars on X with US address and ship the materials to Company Y in India. Is the above transaction is allowed under GST? if GST rate? Whether Company P can receive money from Company X in USD for the above mentioned transaction?

posted by CA. BALASUBRAMANIAM P on May 20 2021 12:00AM