Non-resident vendor - gst rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2017
Hello Everyone!
My query is as under;
A foreign company giving services of tour operator in Dubai, to its Indian client,
Whether foreign company requires registration under GST u/s 24(v) of CGST Act, 2017 ?
Whether Indian client receiving services from foreign company required to pay GST on RCM basis ?
Kindly reply.
My query is as under;
A foreign company giving services of tour operator in Dubai, to its Indian client,
Whether foreign company requires registration under GST u/s 24(v) of CGST Act, 2017 ?
Whether Indian client receiving services from foreign company required to pay GST on RCM basis ?
Kindly reply.
25 August 2017
Foreign Company does not require any GST registration. Indian company receiving such services needs to pay IGST under Reverse Charge Mechanism.
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2017
Whether Input for RCM will be available to Indian Company, considering the fact that the Indian Company's main objective is "Tour Operator". ?
Correct me if I am wrong
I guess with 5% RCM payment - Input is not allowed, while with payment of 12% RCM input would be available.
Correct me if I am wrong
I guess with 5% RCM payment - Input is not allowed, while with payment of 12% RCM input would be available.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- GST ON DAMAGED GOODS
- Last year TDS Claim
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Suggestions required for income tax filing-software (FY 2025-26)
- E way bill for tractors
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
