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of <h1>GST Clarification: Export Services, Outsourcing to Foreign Entities, and Reverse Charge Tax Requirements under IGST Act.</h1> The circular provides clarification on the export of services under GST, specifically addressing scenarios where an Indian exporter outsources part of a service contract to a foreign entity. It states that the entire contract value is considered as export of services if conditions in the IGST Act are met. The Indian exporter must pay integrated tax on the imported services under reverse charge and can claim input tax credit. Even if full payment is not received in India, the transaction qualifies as export if RBI permits part of the payment to remain abroad. Trade notices should be issued to disseminate this information.
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