Import of service query
This query is : Resolved
22 April 2022
One of our client wants to make a payment of Rs 15 lac to a service provider in foreign territory for translation services availed by him for his business so my query is as follows:
a.) Whether custom duty is payable on above services availed
b.) Whether IGST is to be paid to the custom department or to the GST department
c.) Whether reverse charge payment is applicable on the above services
One of our client wants to make a payment of Rs 15 lac to a service provider in foreign territory for translation services availed by him for his business so my query is as follows:
a.) Whether custom duty is payable on above services availed
b.) Whether IGST is to be paid to the custom department or to the GST department
c.) Whether reverse charge payment is applicable on the above services
22 April 2022
a Customs duty not payable on service imports.
b IGST payable under RCM to GST department.
c yes.
b IGST payable under RCM to GST department.
c yes.
22 April 2022
If pay igst 270000 on import of service for April month gstr 3b. then can we calim same 270000 ITC in April month 3b return under RCM?
22 April 2022
If pay igst 270000 on import of service for April month gstr 3b. then can we claim same amount of Rs 270000 ITC in April month 3b return under RCM?
23 April 2022
Yes you claim ITC on the same amount provided your outward supplies are fully taxable
23 April 2022
Yes, you can claim the ITC in the month of payment.
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
- Opting our of sec 44AD
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Regarding TDS Applicability For Director Remuneration
- Multiple trade mark
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- FORM 26A APPLICABILITY
- GST on rental income_Composition
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
