Gst on retainership fees payment out of india

Hi ! We are a tour and travel company and have undergone agreement with a foreign company, which shall represent do plan and action all business development and marketing activities in Europe & USA (participate in fairs and will have one to one meetings with tour operators). The recepient company does not have a PE in India and no services are received in India. Monthly fixed payment is made to them through bank in foreign exchange.

Will it fall under reverse charge under GST ?