Export of services
This query is : Resolved
shrikant velekar
(Querist)
13 December 2018
A Indian company tie up with one USA company in web series productions. Payment for such service has been received by the supplier of service in convertible foreign exchange.Its a Zero rate supply of services. USA company have a Branch in Mumbai. My queries is whether this transaction is treated as Export or not. And Indian Company will liable to pay tax on Invoice price or total cost of production. Place of supply is in india. Please advice the same. Currently Indian Company not charge any IGST to USA company and file their GSTR1 and GSTR3B.
CA R SEETHARAMAN
(Expert)
13 December 2018
It is export of service no GST applicable on furnishing letter of undertaking. GST registration and filing of return is required.
shrikant velekar
(Querist)
13 December 2018
Thanks...But Place of Services in INDIA. And Delivery is also in India. There is no IGST to Invoice on Gross Amount.
shrikant velekar
(Querist)
13 December 2018
Same transaction is other Project. But in this Transaction Gross Plus IGST was charged.
CA R SEETHARAMAN
(Expert)
13 December 2018
As the place of service is in India charge igst on invoice price. File gstr 1 and 3b.
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