Dear Experts,
Foreign company engaged Indian company to coordinate and manage various aspects of its international summits and awards. the scope includes, activities such as content development, Secretariat, handling administration, finance, communications, and media engagement, confirming speakers, managing sponsorship, registrations, logistics and also coordinates all working groups and key programme.
Indian company collects registration fess from participates of event (generally being foreign person) and pay back to foreign company.
Indian company issued Invoices to participates of event.
Will this be qualified as export in GST?
GST treatment for India-based coordinator of international summits depends on place of supply under IGST Act Section 13 An Indian firm contracted by a foreign principal to coordinate international summits and collect participant fees must determine GST treatment based on the event's location. If the event occurs outside India, the place of supply is outside India and the services qualify as export of services (zero-rated). If the event is held in India, the place of supply is India and the supply is domestic, subject to IGST; where the foreign principal is treated as recipient of services from abroad, reverse charge may apply and input tax credit may be available depending on facts. Contract terms and the specific place-of-supply provision for event services are determinative. (AI Summary)