Dear sir
A Person sitting in india who is rendering services to companies outside India. They don't have establishment in India.The person creates business oppurtunies for them . Transaction happens between
Indian customer and outside Indian companies. For the service rendered, the companies will pay fee for the person . Whether this comes under Gst and if so what is the percentage of gst applied?
Thanks
GST Implications on Services to Foreign Companies: Zero Rated Supply Status for Export Services with Convertible Foreign Exchange A person in India is providing services to foreign companies without an establishment in India, facilitating business opportunities between Indian customers and these foreign companies. The query concerns whether these services fall under the Goods and Services Tax (GST) and the applicable GST rate. The response suggests that if the service qualifies as an export of services with payment in convertible foreign exchange, it may be considered a 'zero rated supply,' meaning it could potentially be exempt from GST. (AI Summary)