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 ..... g 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 an exporter of services outsources a portion of the services contract to another person located outside I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rced portion of the contract. Thus, the total value of services as agreed to in the contract between the exporter of services located in India and the recipient 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 13(2) of the IGST Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e consideration shall also be treated as receipt of consideration for export of services in terms of section 2(6)(iv) of the 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 recipient of services located outside India; a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l be import of services by ABC Ltd. 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 the provisions contained in section 2(6) of the IGST Act are not fulfilled with respect to the realization of convertible foreign exchange, say only 60% of the consideration is received in In ..... X X X X Extracts X X X X X X X X Extracts X X X X
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