https://www.taxtmi.com/circulars?id=60323 Where an Indian supplier outsources part of services to a foreign subcontractor, two supplies arise: the Indian supplier's supply to the foreign recipient for the full contract value and the import of services by the Indian supplier from the foreign subcontractor. The Indian supplier must pay IGST under the reverse charge on the imported portion and may claim input tax credit. The full contract value can still qualify as export of services if IGST is paid on the outsourced portion and RBI permits retention of part consideration outside India. en-us Thu, 24 Jan 2019 00:00:00 +0530 Mon, 25 Mar 2019 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60323 Where an Indian supplier outsources part of services to a foreign subcontractor, two supplies arise: the Indian supplier's supply to the foreign recipient for the full contract value and the import of services by the Indian supplier from the foreign subcontractor. The Indian supplier must pay IGST under the reverse charge on the imported portion and may claim input tax credit. The full contract value can still qualify as export of services if IGST is paid on the outsourced portion and RBI permits retention of part consideration outside India. Circulars GST - States Thu, 24 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60323