A indian Company X in new delhi has received a contract for submission of a quality audit report, for one of the clients based in haryana india of an overseas company B located in US.
X will raise invoice in USD and receive money in foreign exchange
Whether the aforesaid services provided by X will fall under export of services as all conditions for export will be satisfied (but doubt on performance of services will it be held that POPS is in India ????)
Indian Firm's Quality Audit Services for US Client Not Export Under GST; IGST Applies Due to Indian Supply Location An Indian company, X, based in New Delhi, received a contract to provide a quality audit report for a client in Haryana, India, on behalf of an overseas company, B, in the US. X will invoice in USD and receive payment in foreign currency. The discussion revolves around whether these services qualify as 'export of services' under GST, considering the place of supply is in India. The consensus among participants is that since the services are performed in India, they do not qualify as exports, and IGST applies. The debate also touches on the implications of GST as a destination-based tax and the classification of services under various HSN codes. (AI Summary)
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