Service provided to parent company
This query is : Resolved
05 April 2018
If a subsidiary company provide "Management and customer services" to parent foreign company, is it covered under export service?
Is GST charged on such services?
Is GST charged on such services?
05 April 2018
Management will fall under export of service GST not applicable.
Customer service where it is provided. If it's provided in India GST applicable. GST not applicable if it's provided outside India.
Customer service where it is provided. If it's provided in India GST applicable. GST not applicable if it's provided outside India.
09 April 2018
Is there any list of services which are covered under export services "zero rated supply" ?
On BPOs, GST will apply if they provide service to the parent company as business auxiliary service ?
On BPOs, GST will apply if they provide service to the parent company as business auxiliary service ?
09 April 2018
No specific services are mentioned. see the provisions.
What is Export of Services under GST?
As per IGST Act Section 2(6) “Export of services” means the supply of any service when, –
(i) the supplier of service is located in India;
(ii) the recipient of service is located outside India;
(iii) the place of supply of service is outside India;
(iv) the payment for such service has been received by the supplier of service in convertible foreign exchange;
(v) the supplier of service and the recipient of service are not merely establishments of a distinct person
Supply of services having place of supply in Nepal or Bhutan, against payment in Indian Rupees is exempted even if the payment is received in Indian Currency looking at the business practices and trends.
Notification No. 42/2017-Integrated Tax (Rate) 27th October 2017
What is Export of Services under GST?
As per IGST Act Section 2(6) “Export of services” means the supply of any service when, –
(i) the supplier of service is located in India;
(ii) the recipient of service is located outside India;
(iii) the place of supply of service is outside India;
(iv) the payment for such service has been received by the supplier of service in convertible foreign exchange;
(v) the supplier of service and the recipient of service are not merely establishments of a distinct person
Supply of services having place of supply in Nepal or Bhutan, against payment in Indian Rupees is exempted even if the payment is received in Indian Currency looking at the business practices and trends.
Notification No. 42/2017-Integrated Tax (Rate) 27th October 2017
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