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.
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