Export Of Services

[Asked by Guest]

We are having RPO (Recruitment Services Outsourcing). We get paid in USD. Per month we get 5k-8K USD from client.

Do we have to pay GST in India.? We have Private limited company. Experts ::Please reply asap as we to file the return and do we have to mention any thing on audit report.

AI Summary

Export of services: choose zero-rated refund or pay-and-refund route based on available input tax credit and sales mix.
Two operative options for GST on exported recruitment services are described: (1) where the supplier has accumulated Input Tax Credit, treat exports as zero-rated without payment of tax and claim refund of accumulated credit by applying a proportionate allocation formula and filing GSTR 1 as without payment; (2) pay tax on export invoices, reverse attributable input credit, and claim refund on submission of remittance documentation such as FIRC/BRC. A Letter of Undertaking is advised if there is no input credit but exports are to be zero-rated.