Gst is applicable on consulting agreement with foreign compa
This query is : Resolved
14 April 2018
Sir,
we are in agreement with a company of israel regarding technical support through sketch or diagram for our project going on in india. As per the agreement we have to pay yearly Technical knowhow charges to them. I just want to know that payment for the same will attract GST (RCM). Please confirm all services are through email not by any physical visit of the consultant.
we are in agreement with a company of israel regarding technical support through sketch or diagram for our project going on in india. As per the agreement we have to pay yearly Technical knowhow charges to them. I just want to know that payment for the same will attract GST (RCM). Please confirm all services are through email not by any physical visit of the consultant.
14 April 2018
It will fall under import of services GST payable under RCM.
14 April 2018
sir but the agreement was made in 10th april-2017 for one year i.e 1.4.2017 to 31.03.2018.
15 April 2018
Services received from 1st July 2017 attracts GST irrespective of agreement date,
30 April 2018
Thanks for your help sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS applicability in case of software payments to a foreign company
- Registration of Articleship
- Procedure to surrender export incentive
- Reverse charge on commercial property
- 26Q TDS UTILITY IN NSDL TIN LATEST UTILITY DOWNLOAD LINK
- Income Tax Slab Rate and 87A Rebate
- INCOME TAX SAVINGS PLAN FOR NEW REGIME FY 2025-26 (MAN/WOMAN)
- Fixed Deposit through NRO Account
- Capital gains -1
- Slight spelling change in PAN Surname
- Residential Status of Assessee
- TDS ON OTA Commission
- First Auditor was not appointed till 9 months
- Filing of forms on MCA portal for allotment of shares for a new company
- RCM Reconciliation Excel Sheets Format
- Goodwill realeted
- Revision under Section 264 in The Income Tax Act, 1961
- Trial balance matching
- Drafting Grounds of Appeal under Service Tax
- TDS on Crypto section 194S
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
