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Import of Service, Goods and Services Tax - GST |
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Import of Service |
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XYZ(India) is supplying machine to PQR(India). PQR is insisting to get the machine tested from ABC (Parent company of XYZ situated outside India). PQR is also insisting that ABC should give a Bank guarantee against this testing to PQR. ABC is recovering the charges paid towards bank guarantee given from XYZ. Is XYZ liable to pay GST on it under reverse charge? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
It is Import of service. IGST is payable under reverse charge. Page: 1 Old Query - New Comments are closed. |
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