OIDAR services when provided by a supplier located outside and received by a registered person in India is chargeable under RCM.
What if the provider of OIDAR Service has its presence in India through its subsidiary since many years and has been billing its customers and issuing receipts in INR all these years?
The credit card statement clearly categorise payment to the said supplier under Domestic Transactions and not under International Transactions.
The confusion here is that in the receipts, supplier has given their overseas address.
It would be great if someone could resolve this matter.
CAclubindia
