IGST on on-line marketing service to foreign client & income as commission in foreign currency

[Guest]

Hello sir,

My firm (registered Pvt Ltd company in Gujarat) is an agent for foreign firm / company for providing marketing services in India as well as globe. We get paid as % commission on invoice value in form of convertible foreign currency. The seller is situated outside India and buyer may be in India or outside India. However, our % commission (on invoice value) always comes from seller situated outside India. Do we have to pay any IGST for this marketing service export? if yes, how much %? What about GST / CGST / IGST we paid for services or goods we purchased for our office requirements, means any refund?

[KASTURI SETHI]

IGST @18% payable.

AI Summary

IGST on marketing services to foreign principal applies; commission receipts are subject to integrated GST and input credit issues. Commission received by an Indian agent from a foreign principal for marketing services in convertible foreign currency is subject to integrated goods and services tax; the advisor's reply states that IGST is payable on such commission, while questions on input tax credit or refund for taxes paid on procurements remain unaddressed in the response.