Export of service

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..... Export of service
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 25-8-2023 Last Reply Date:- 10-9-2023 Goods and Services Tax - GST
Got 2 Replies
GST
XYZ (India) is receiving 'Te .....

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..... chnical Consultancy services' from a person outside India. GST under reverse charge is paid on it by XYZ. Subsequently, XYZ is recovering the amount paid towards consultancy from their parent company .....

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..... outside India. Is XYZ required to pay GST on the amount recovered from parent company? Reply By Padmanathan Kollengode: The Reply: If the transaction is merely a reimbursement/ transfer of fund betw .....

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..... een parent company and subsidiary company, then it will not be liable to GST. Reply By Shilpi Jain: The Reply: Further details would be required regarding this transaction to comment for the amount .....

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..... received from parent company. Why is it reimbursed.
Discussion Forum - Knowledge Sharing .....

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