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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: SL.No ISSUE Clarification 1. In case of expor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 considered as export of services if all the conditions laid down in section 2(6) of the Integrated Goods and Services Tax Act, 2017 (IGST Act for short) read with section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rtion 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 India for import of services on that portion of the services which has been directly provided by the supplier located outside India to the receipt of services located outside India; a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 paid. Further, if provisions contained in section2(6) of the IGST Act are not fulfilled with respect to the realization of convertible foreign exchange, say only 60% of the consideration ..... X X X X Extracts X X X X X X X X Extracts X X X X
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