assessee have store outside India and profession services received in outside India and payment made by assessee from India to outside India. please clarify the GST liability on this transection
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) implications for services procured from outside India, with payments originating from India. The key consideration is determining the place of supply. If the services are received in India, it is considered an import of service and is subject to the Reverse Charge Mechanism (RCM).