Export of Services - Employees of Indian Company working for Foreign Company

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... An Indian company (IC) loans/seconds its employees to a foreign company (FC). IC invoices FC and receives foreign currency. It adds an agreed mark-up to the actual cost of the employee. Will this be eligible for export exemption if: (a) loaned/seconded employees work from India? (b) if they work at the FC site abroad, or work at any other location outside India? - Reply By SOWMYA CA - The .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reply = Sir, If the loaned / seconded employees work on the project of foreign company, then it amounts to export of service, irrespective of whether they work in India or outside of India and eligible for export exemption. The invoice amount will be actual cost plus an agreed mark-up - Reply By Amit Agrawal - The Reply = Quantification of billing (i.e. service charges) is not a determining fa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ctor whether services provided is 'export' or not. Nature of services provided and 'Place of supply' being outside India u/s 13 of the IGST Act, 2017 (for services so provided) are one of determining factor whether services provided is 'export' or not. More details are required about nature of services provided ( which can be derived from roles / responsibilities .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mentioned in the agreement and mutual understanding thereto ) as well as some factual aspects ( depending upon potentially applicable situations (if any) in nature of the services specified in sub-sections (3) to (13) of said section 13 ) to come to any conclusion. - Export of Services - Employees of Indian Company working for Foreign Company - Query Started By: - Kaustubh Karandikar Dated:- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 8-2-2022 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X