https://www.taxtmi.com/circulars?id=58854 Where an Indian exporter outsources part of a services contract to a non resident, two supplies occur: export of services by the Indian supplier for the full contract value and import of services by that supplier for the outsourced portion. The Indian supplier must pay integrated tax on the imported services under reverse charge and may claim input tax credit. Even if the outsourced supplier is paid directly abroad, the full contract value will be treated as export provided reverse charge tax is paid on the outsourced portion and the RBI permits retention of part consideration outside India. en-us Mon, 31 Dec 2018 00:00:00 +0530 Wed, 02 Jan 2019 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58854 Where an Indian exporter outsources part of a services contract to a non resident, two supplies occur: export of services by the Indian supplier for the full contract value and import of services by that supplier for the outsourced portion. The Indian supplier must pay integrated tax on the imported services under reverse charge and may claim input tax credit. Even if the outsourced supplier is paid directly abroad, the full contract value will be treated as export provided reverse charge tax is paid on the outsourced portion and the RBI permits retention of part consideration outside India. Circulars GST Mon, 31 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58854