we are providing IT Software Development services. our resources worked in India but we are billing out of India our Sister concern UAE. is that Export service under GST. IS GST applicable on that services.
Please revert earliest. Also share related rule details.
11 July 2019
Yes this service is export of service as per section 2(6) under IGST 2017. As per section 16(1) export of services are treated as Zero rated supply and no tax to be charge on bills issued to out of india. it has been discussed in section 17(2) of CGST act that input can not be availed against Zero rated supply but in case of export amount of tax paid on input services can be taken as input and can be utilised against other taxable services, if input credit remain unutilsed then can be claim refund in form number GST RFD 11.