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of <h1>Maharashtra Circular Clarifies GST on Outsourced Services: Indian Exporters Must Pay Reverse Charge Tax on Imports.</h1> The circular issued by the Commissioner of State Tax, Maharashtra, addresses the tax treatment of outsourced services under GST when an Indian exporter of services engages a foreign supplier. It clarifies that two supplies occur: the export of services from India and the import of services by the Indian exporter. The Indian exporter must pay integrated tax on a reverse charge basis for the imported services and can claim input tax credit. Even if the full payment is not received in India, the transaction is considered an export if certain conditions are met, including RBI approval for retaining payment outside India.
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