gst exempt

Overseas Sale and Purchase of Goods liable to GST

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GST Overseas Sale and Purchase of Goods

GST Authority has now said that now overseas sale and purchase of Goods is subject to GST. It is observed that domestic organizations buy goods from foreign countries and sell to other countries. Now those firms who are into export business will have to pay GST on relevant transactions.  Even if the firm says that … Read more

GST Exempt on PPE kits: Pros and Cons

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gst exempt ppe kit

The Government has exempt GST on PPE kits, and this has both negative & positive sides. As we all know the Coronavirus pandemic is unceasingly growing and no vaccine has been developed as yet. One of the essential commodities during this time is the PPE kit. The government has exempt GST on PPE kits. However, … Read more