TMI BlogClarification on export of services under GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... ------------------------------------------- Circular No. 03/2019 GST CCTs Ref.in CCW/GST/74/2015 Dt.24.01.2019 Sub: Clarification on export of services under GST Reg. Representations have been received seeking clarification on certain issues relating to export of services under the GST laws. The same have been examined and the clarifications on the same are as below: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ia to the recipient of services located outside India for the full contract value; (ii) Import of services by the exporter of services located in India from the supplier of services located outside India with respect to the outsourced portion of the contract. Thus, the total value of services as agreed to in the contract between the exporter of services located outside India will be consid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... act that the recipient of services located outside India has directly paid to the supplier of services located outside India (for the outsourced part of the services), that portion of the consideration shall also be treated as receipt of consideration for export of services in terms of section 2(6)(iv) of IGST Act, provided the; (i) integrated tax has been paid by the supplier located in In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d India shall be the exporter of services for the entire value if the invoice for the entire amount is raised by ABC Limited, India. The services provided by XYZ Limited, Mexico to the U.S based client shall be import of services by ABC limited, India and it would be liable to pay integrated tax on the same under reverse charge and also be eligible to take input tax credit of the integrated tax so ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vailable for the total realization of convertible foreign exchange by ABC Limited and XYZ limited, Mexico. The field officers are requested to publicize the contents of this Circular. Chief Commissioner (ST) FAC - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com ..... X X X X Extracts X X X X X X X X Extracts X X X X
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