- Jan 23, 2014
- 4,882
- 357
Hi Folks
I have a question regarding GST in India
We know that there is no GST for foreign transations made from India, but my CA advise me to pay GST directly to my GST account and take refund later.
For example,
If I made foreign transactions of 5,00,000 INR(on Multiple transactions) for the month of August(how ever I haven’t paid GST to the seller), my CA told me to pay 18%(Rs.90,000) directly to our GST and apply for refund of Rs.90,000 next month.
This is how you guys are filing GST in India?
Please advice!
I have a question regarding GST in India
We know that there is no GST for foreign transations made from India, but my CA advise me to pay GST directly to my GST account and take refund later.
For example,
If I made foreign transactions of 5,00,000 INR(on Multiple transactions) for the month of August(how ever I haven’t paid GST to the seller), my CA told me to pay 18%(Rs.90,000) directly to our GST and apply for refund of Rs.90,000 next month.
This is how you guys are filing GST in India?
Please advice!