When a seller in India conducts a transaction with a buyer outside the country, it constitutes an “Export of Goods or Services.” Recognizing exports as
In the complex world of global commerce, the significance of meticulous invoicing in export transactions cannot be overstated. Moreover, this blog embarks on a
GST ensures that the tax revenue is collected at the point of consumption rather than at the point of origin. This approach helps avoid the
The place of supply for export sometimes differs from the physical location of the goods or services. Depending on the nature and circumstances of the
, which determines the place of supply. Did you know that in 2023, India’s exports of goods and services reached a substantial $534 billion, constituting
