INTERMEDIARY SERVICES OR EXPORT SERVICES

[HELEN JUDE]

AN Individual who is from India supplies services out side India pertaining to market research and consulting services: search available jet aircrafts for sale and selection of aicraft, checking its cost, performance, operations, and shortlist the aircraft with all its details. He is not an agent or broker. and only two persons are involved in this transaction, the place of supply of services is outside India, Payment is in terms of foreign exchange. can it come under the purview of Intermediary or export services. any decisions regarding this

AI Summary

GST Classification: Aircraft Consulting Services Deemed Export, Not Intermediary, Under Section 2(6) IGST Act 2017 An individual in India provides market research and consulting services related to aircraft selection to a client outside India. The query seeks to determine if this service falls under intermediary or export services for GST purposes. Three responses were given. One refers to Circular No. 159/15/2021-GST and its amendments, suggesting the transaction is not intermediary service due to only two parties being involved. Another response confirms it as an export service, meeting the conditions of Section 2(6) of the IGST Act 2017, as the service is supplied from India to a foreign recipient with payment in foreign exchange.