We have make a pattern for export of items for our Foreign Customer. For this we have charge to our customer & we have received foreign remittance for the same. Now how to treat this txn i.e Local/Deemed/Export as Pattern is in india, but not leaving out of India. How to raise bill on Foreign customer?
This is export of service. You designed the pattern, it is a service.
Service recipient is foreigner and you received payment in foreign currency. You are fulfill all requirements of zero rated supplies.
Do not forget to collect Inward Remittance certificate from bank for future documentation requirements.
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