GST on services provided to foreign clients in India

[Prakash Gupta]

Dear experts required your view on below mentioned query :

A Company Secretary firm registered in India, incorporated a pvt ltd company for its foreign clients in India . The CS firm raised bill of consultancy fees directly to foreign client and received the same in convertible foreign exchange. Now whether, receipts of CS firm will be subject to GST ?

AI Summary

Place of supply determines GST liability for cross-border services; export may be zero-rated under bond/LUT or on IGST payment.
Determination of the place of supply controls GST liability for services to foreign clients: if the place of supply is in India the receipts are taxable; if outside India the service is an export of services and may be zero-rated either under bond/LUT without IGST or on payment of IGST with refund, with entitlement to use input tax credit and to claim refunds of tax on inputs used for the export.