Hii, I want to do Export of consultancy services with tax,
I dont have LUT.
so can you tell me what will be tax rate on export of services.
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GST RATE ON EXPORT OF SERVICES
Replies (6)
18% IGST will applicable in case export of Sachine service with payment of tax
Actually I hear from some one to charge 1% on supplies
1% GST rate not exist as per prevailing GST rates on export of service. But if you are merchant exporter then you will have to pay nominal GST of 0.1% for procuring goods from domestic suppliers for export.
I'm a service provider so here this 0.1% rate will not Applicable for me
It's IGST @ 18%.....
Okk thanks to all
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