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of <h1>West Bengal Tax Circular: GST on Outsourced Services Involves Two Supplies, Reverse Charge Tax, and Input Credit.</h1> The circular issued by the Directorate of Commercial Taxes, West Bengal, addresses the tax treatment of outsourced services under the GST framework. It clarifies that when an Indian exporter of services outsources part of a contract to a foreign supplier, two supplies occur: the export of services from India and the import of services by the Indian exporter. The Indian supplier must pay integrated tax on the imported services under the reverse charge mechanism and can claim input tax credit. Even if full payment is not received in India, the entire contract value is considered an export if certain conditions are met, including RBI approval for retaining part of the payment abroad.
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