Mar 12, 2020 07:50:50 PM by Amit D
Hi,
Does anyone know the process and contact details of Standard Chartard to get FIRC from them. I'm not able to claim GST refund as SC has not issued me any FIRC. Need urgent help 😞
Thanks in advance.
Mar 15, 2020 09:49:41 AM by Vladimir G
I'd like to kindly ask freelancers located in India who have previous experience with obtaining FIRC from the bank in question to follow up and advise Amit on the required steps and procedure. Thank you.
Jul 5, 2020 12:30:36 PM by Shubham K
Hello Amit,
As per my current understanding, in case of "Local Bank Transfer" mode of payment, the invoice amount is first converted into INR from upwork partner bank in US (Wells Fargo) and then transferred into Indian Bank (Standard Chartard Bank), which in-turn credit the amount into your bank via a NEFT transfer.
Now since the money in SCB is received in INR denomination, they would not be in a position to issue you a FIRC certificate.
The implicaiton of this would be that your invoices will not be considered as export of services and you shall be liable to pay 18% GST on your receipts.
Please note in case if you have received money by a wire transfer or in case if SCB has received your money in foreign currecny and then converted it into INR, they are legally liabile to provide you a FIRC certificate.
You need to check in your mode of payment how SCB has received the funds and proceed accordingly.
Hope my answer was helpful!
Jun 25, 2021 07:23:04 AM by Nitin S
Hi Shubham,
Were you able to figure out a way to avoid GST or get FIRC from Indian bank when we receive funds in local currency.
If possible can we connect on call or chat?
Thanks
Nitin
Jul 19, 2021 06:42:52 AM by Puneet S
Hello Shubham
Did SCB issue you a FIRC for payments, or is there any other way for getting a FIRC for local bank transfers from Upwork?
Aug 2, 2021 10:29:03 PM by Shubham K
Hi Puneet,
FIRC will not be issued in case of a "Local Bank Transfer" option for payout.
Dec 30, 2021 02:44:26 AM by Sridhar J
Shubham,
I would like to connect with you regarding getting FIRC for LFT transactions done prior to the GST implementation. If possible can we please connect in a call or chat?
Dec 30, 2021 04:30:23 AM Edited Dec 30, 2021 05:18:13 AM by Andrea G
Hello Sridhar,
Please write to me at **Edited for Community Guidelines**. I will get back to you.
Thanks
Dec 30, 2021 06:15:17 AM by Sridhar J
Shubham,
Thanks for the reply. Looks like the email id is masked in the reply. Can you please DM me
Feb 27, 2022 09:15:40 PM by Gourav V
Hi Shubham,
I would also like to know how did you tackle the FIRC issue I am also stuck with the GST department for 2015-2016 payments that I used LFT.
Mar 2, 2024 03:45:44 AM by Ashish V
I also get notice from GST department for the 2016-17 and need the FIRC copy from standrd chartered bank in india. Need some help on this matter
Sep 28, 2023 09:06:03 AM by Dishant A
hello shubham
Can you help me as well?
Looking forward for your reply.
Thanks
Dec 30, 2021 05:35:38 AM by Kumar K
I have been struggling for a long to get FIRC document for my professional work, Please provide me the FIRC document or let me know the process to get it. Thank you.
Dec 30, 2021 06:43:02 AM by Andrea G
Hi Kumar, Upwork is not an Authorized Dealer Category 1 Bank in India, so we don't issue FIRC. You could check with the bank or payment method you use to withdraw your earnings from Upwork, they may be able to assist you with getting the form. Sorry for the inconvenience.
Mar 2, 2024 03:45:13 AM by Ashish V
I also get notice from GST department for the 2016-17 and need the FIRC copy from standrd chartered bank in india
Mar 2, 2024 06:13:41 AM by Ramesh Kumar K
Check Pradeep's reply on this thread : https://community.upwork.com/t5/Freelancers/Need-FIRC-Certificate/m-p/1027191
Jul 28, 2022 07:49:39 AM by Pooja V
Has anyone found some solution for FIRC certificate or upwork left Indian freelancers dangling in this.
Mar 26, 2024 11:48:18 PM by Iliyaskhan P
Same problem I am facing regarding FIRC. Upwork is not providing, my local bank is not able to issue as it has received in INR only. And even Standard Chartered bank is deniying to issue it. So, Upwork left me dangled.
Ultimetly, I am ending up paying 3lakh+ tax which is by laws I am not supposed to pay but due to upwork's non helpful nature I have to pay.
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