Is GST applicable on international sales?
The export of goods or services is considered as a zero-rated supply. GST will not be levied on export of any kind of goods or services. A duty drawback was provided under the previous laws for the tax paid on inputs for the export of exempted goods.
Do I have to charge GST on services provided to a US company?
Alberta, Nunavut, Northwest Territories, and Yukon have no provincial sales tax so you would charge GST only.
Can you charge GST on foreign currency?
the GST payable, the price or value expressed in a foreign currency and the conversion rate used by the supplier, or a statement, to work out the GST payable in Australian currency.
Is there GST on international transaction fees?
Is the fee charged by a money dealer for a foreign currency transaction subject to GST? No GST is payable on the fee if the money dealer buys or sells Australian or foreign currency while acting in their own right and not as an agent for someone else.
Do we charge sales tax for international clients?
Like all clients who make purchases in person at brick-and-mortar retail establishments, an international customer must pay all applicable state, county or municipal sales taxes levied in the merchant’s location.
Can you issue a tax invoice in foreign currency?
However, where an agreement stipulates the consideration for a standard rated supply in a foreign currency, the tax invoice may be issued in the foreign currency, but the South African Rand equivalent of the consideration and the VAT thereon must also be reflected on the tax invoice to comply with the provisions of …
Can I invoice in a foreign currency?
Invoicing in foreign currencies
You can invoice in any currency for the goods and services that you supply. If UK VAT is due on the transaction your invoices must also show the following in sterling: … the amount of VAT, if any, at each rate.