Gst On Casual Purchase And Sale To Foreign Co.

Ashok Jain
watch_later 11 months, 2 weeks ago

We are registered in GST in MUMBAI and purchase material from Courts, who are not registered and so does not charge GST

Please advice:

If we sell it in Mumbai should we deposit GST in RCM system and sale under GST rules or direct sell charging GST,

If we sell to some foreign entity on as is basis without charging GST as they are unregistered.

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1 Answer

GST Payer watch_later 11 months, 2 weeks ago

If goods are taxable you need to charge GST when you make a sale.

You can export without charging IGST, if you have filed LUT. If LUT is not filed than you need to charge IGST and you can claim refund later.

RCM is deferred till 30 June 2018. However if RCM was applicable than you should pay RCM.

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