Service provided to RBI

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Accounts Executive
51 Points Posted on 21 January 2020
We are pvt ltd company, RBI taken services from us. Can we charge GST during Invoicing?
Please help. Its urgent. Kindly mention the section.
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On 21 January 2020 at 23:04 Report
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A private limited company is seeking urgent clarification on whether they can charge GST for services rendered to the Reserve Bank of India (RBI). Based on Notification 12/2017 CT (r), services provided by the RBI are generally exempted. However, this exemption specifically applies to services provided *by* the RBI, not to services provided *to* the RBI. Therefore, services provided by your company to the RBI are liable for GST.

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GST Practitioner
55067 Points Posted on 22 January 2020
Yes need to charge GST .

In term of Notification 12/2017 CT (r) Services provided By RBI is Exempted
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On 22 January 2020 at 00:06
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609 Points Posted on 22 January 2020
Exemption in case of RBI are as follows
1. all services provided by RBI.
2. Supply of services by way of foreign exchange management provided to RBI by a person in Non Taxable territory.
Hence services provided by your company to RBI is liable to gst.
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On 22 January 2020 at 00:38

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