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GST by a foreign company not having office in India

This query is : Resolved 

We have taken one aircraft on lease from a USA company. Can the USA company charge GST on Lease Rent or we are liable under Reverse Charge.


USA company will not charge GST on Lease Rent. You are liable under Reverse Charge under import of service.


As per my opinion, It is import of service. RCM is applicable as per Mr.Seetharaman.

If the supplier of service is located in a non-taxable territory, the recipient of services located in the taxable territory is liable to pay GST under reverse charge. Notification Nos. 13/2017-CT (Rates) and 10/2017-IT (Rates) dated 28-6-2017

@CA R Seetharaman

Thanks sir, agree with you.


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