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GST on import of service

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..... GST on import of service
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 30-3-2023 Last Reply Date:- 1-4-2023 Goods and Services Tax - GST
Got 4 Replies
GST
A foreigner from the parent company but working in India for XYZ (India) and is on the pay roll of XYZ. The family of the foreigner is staying abroad and his expenses abroad such as medical insurance, accommodation etc. ar .....

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..... e recovered by the parent company from XYZ. Is XYZ required to pay GST under reverse charge on the amount paid to the parent company in foreign currency? Reply By Amit Agrawal: The Reply: Entire contractual arrangement/s and factual understanding needs to be looked into, before arriving at any view. One should also refer to Apex Court ruling in case of C.C.,C.E. & S.T. - BANGALORE (ADJUDICATION .....

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..... ) ETC. VERSUS M/S NORTHERN OPERATING SYSTEMS PVT LTD. (2022 (5) TMI 967 - SUPREME COURT) These are ex facie views of mine and the same should not be construed as professional advice / suggestion. Reply By Kaustubh Karandikar: The Reply: Thanks Amit ji for your valuable inputs on all my queries. Reply By Shilpi Jain: The Reply: Northern Operating System is creating havoc for the industry. This .....

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..... is going to create a sea of litigation. Though some assessees have started paying GST and taking ITC instead of disputing. However, it would be a huge cost for the entities not entitled for the credit. Reply By Kaustubh Karandikar: The Reply: thanks shilpi ji for your advice on all my queries
Discussion Forum - Knowledge Sharing .....

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