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GST RCM on Import of accreditation Service

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Harsh Verma

student

1 Points Posted on 08 June 2021

We are importing accreditation (third party certification) service from a foreign certification authority. For giving certification to various agencies and people on their behalf. Do this import of service qualify for discharging GST on Reverse Charge Basis(RCM) mechanism.

Replies (2)

Quick Summary

This discussion explores whether the import of accreditation services from a foreign authority qualifies for the GST Reverse Charge Mechanism (RCM). According to the IGST Act, when a service supplier is located outside India and the recipient is in India, RCM is generally applicable. This means you will need to pay IGST via the cash ledger and can subsequently claim it as Input Tax Credit (ITC).

CA. Sourav Sarkar

Chartered Accountant

24588 Points Posted on 09 June 2021

I this RCM is not applicable

CA Subhankar Basu

Chartered accountant

318 Points Posted on 09 June 2021

As per igst act when supplier in outside India ,& recipient in India then by default rcm will applicable for import of " service " ,you pay igst through cash ledger & take itc the same ..