This year in the month of April I went to Belgium to attend a trade show, there I met an exporter from Cuba and introduced them to an importer in Taiwan. The Cuban exporter has started shipping cargo directly to the Taiwanese importer.
The Taiwanese importer has committed to pay us USD 2500 per consignment for introducing them to the Cuban exporter. Will there be any GST on the payment which we may receive on such transactions?
Kindly note the following:
- Exporter is from Cuba: Not in India
- Importer is from Taiwan: Not in India
- Service provided in Belgium: Not in India
- Money received: In US Dollar in India
Debate on GST applicability for commission from Cuban-Taiwanese trade connection: Is the transaction taxable under IGST Act? A discussion on the applicability of Goods and Services Tax (GST) to a commission received in India for facilitating a trade connection between a Cuban exporter and a Taiwanese importer during a trade show in Belgium. Opinions vary: some argue the transaction is not taxable as the service was provided outside India, while others contend it is taxable since the service provider is based in India and receives payment there. The debate highlights differing interpretations of the IGST Act regarding the place of supply and the nature of the transaction. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
