ACCOUNTANT, Goods and Services Tax - GST

[rajesh subramanian]

Dear sir,

We are pvt Ltd, 100 % EOU , and hiring consultancy service FROM AN FOREIGN INDIVIDUAL who is having PAN

for this transaction we need to pay GST under RCM?

Please guide us

Rajesh.S

ETAPL - Ph : 9943413496

Posts / Replies

[DR.MARIAPPAN GOVINDARAJAN]

Whether the said foreign individual is in India or abroad? Whether he is an individual or business entity? If so whether they are having permanent establishment in India?

[KASTURI SETHI]

Dear Querist, You are required to pay GST under RCM. You are covered under Section 5(3) of IGST Act, 2017. You are also a body corporate business entity. Under GST EOU is at par with other DTA unit. No exemption.

[Ganeshan Kalyani]

In my view, the service is imported. So, IGST to be paid by you under reverse charge method. Thanks.