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Gst on exports of services

14 March 2019

There is a contract with an Indian company situated in Delhi but the services are provided outside India and the payment is made in Indian currency .What is the gst impact?

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2 Replies

jaheer hussain (577 Points)
Replied 14 March 2019

AS per Sec 2(6) of IGST Act: “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; and

(v) the supplier of service and the recipient of service are not merely establishments of a distinct person in accordance with Explanation 1 in section 8 of the IGST Act, 2017;