TaxTMI 
TaxTMI 
we would like to import software from portugul ,pl note this software will be installed on line ,what r duty ,GST and Other taxes applicable and how to make payments of foreign invoices for soft ware pl advise
GST ON IMPORT OF SOFTWARE
08 Aug 2020 
6 Replies 
4240 Views Asked by
GST on imported software treated as cross-border service, requiring GST compliance and RBI-aligned foreign payment procedure.
Importation of online installed software is a supply of services attracting GST; importers must comply with GST obligations. Foreign payment is to be routed through an Authorised Dealer bank using Form A2, supported by commercial invoice, purchase order and a Chartered Accountant certificate verifying receipt, and importers should inform Customs of non physical imports as advised by AD Category I banks. (AI Summary)
Importation of online installed software is a supply of services attracting GST; importers must comply with GST obligations. Foreign payment is to be routed through an Authorised Dealer bank using Form A2, supported by commercial invoice, purchase order and a Chartered Accountant certificate verifying receipt, and importers should inform Customs of non physical imports as advised by AD Category I banks. (AI Summary)