TaxTMI 
TaxTMI 
Debit note received from oversease parent company towards payment of exibition cost in india wheather the rcm is applicable also please suggest wheather TDS also applicable
TDS & GST Implication on debit note received from parent company
18 Sep 2026 
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Reverse charge GST on overseas parent-company exhibition costs depends on whether the payment represents a taxable service supply.
GST liability under the reverse charge mechanism for an overseas parent company's debit note towards exhibition costs depends on whether the parent company has supplied a service. One view treats GST as applicable under reverse charge, while another requires service details and considers the debit note potentially commercial rather than a GST-law debit note. Tax deduction at source applicability remains unresolved. (AI Summary)
GST liability under the reverse charge mechanism for an overseas parent company's debit note towards exhibition costs depends on whether the parent company has supplied a service. One view treats GST as applicable under reverse charge, while another requires service details and considers the debit note potentially commercial rather than a GST-law debit note. Tax deduction at source applicability remains unresolved. (AI Summary)
