TaxTMI 
TaxTMI 
Dear Sir
I have a query is GST applicable on the foreign remittance charges received (on recruitement services offered to overseas client in India and what is the % of GST and how to calculate the amount )
Kind Regards
GST On FOREIGN REMITTANCE CHARGES RECEIVED
17 Apr 2019 
2 Replies 
2474 Views Asked by
Export of service: charges may be zero-rated under LUT, though an alternative view treats them as taxable under IGST.
Whether GST applies to foreign remittance charges for recruitment services hinges on supply characterisation: if provider is in India, recipient outside India, services performed outside India and payment in foreign currency, the transaction is treated as export of service and may be zero-rated under LUT (with GST optional and refundable if paid); alternatively, the charges may be taxable under the IGST place of supply rules, attracting the standard GST rate and requiring tax payment. (AI Summary)
Whether GST applies to foreign remittance charges for recruitment services hinges on supply characterisation: if provider is in India, recipient outside India, services performed outside India and payment in foreign currency, the transaction is treated as export of service and may be zero-rated under LUT (with GST optional and refundable if paid); alternatively, the charges may be taxable under the IGST place of supply rules, attracting the standard GST rate and requiring tax payment. (AI Summary)