We are a registered private limited company in India and also have a 100% owned subsidiary in the USA (management of both companies is the same). If we transfer money from our US based company's bank account to our Indian bank account taking transfer pricing into consideration, will this transaction incur GST or will it be considered export of service.
2 Replies
vedvyas sharma
(ACCOUNTANT)
(22 Points)
Replied 23 November 2017
sir wat is hsn code of display of hoardings
Akhilesh Agarwal
(Manager)
(24 Points)
Replied 23 November 2017
We are mobile game developers and our games are available on Apple, Google and Facebook platforms. 99% of our users are from outside India. Our users download our games from the 3 platforms mentioned and these platforms then remit the funds to us in USD at our USA entitiy. so HSN code is not applicable as far as I know.
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