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Is the GST on international transactions?

GST on international transactions

Is the GST on international transactions

 

No, GST is not charged on international transactions as they are considered as exports or imports. GST is only applicable on goods and services that are supplied within the country, i.e. domestic transactions.

To visit https://www.gst.gov.in/

For exports, the taxes applicable in the country of import are applicable, and for imports, the taxes applicable in the country of export are applicable. However, certain international transactions may be subject to other taxes, such as customs duties or tariffs. It is advisable to consult with a tax professional or visit the customs department’s website for more information on taxes and duties applicable to international transactions.

For further details access our website https://vibrantfinserv.com

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