https://www.taxtmi.com/circulars?id=60636 Where an Indian exporter outsources part of a contract to a nonresident supplier, the arrangement produces two supplies: the Indian exporter's supply to the foreign recipient for the full contract value (treated as export of services if conditions are satisfied) and the import of services by the Indian exporter from the nonresident supplier for the outsourced portion. The Indian exporter is liable to pay integrated tax under reverse charge on the imported portion, may claim input tax credit, and the full contract value can be treated as export realization if reverse charge is paid and RBI permits retention abroad. en-us Mon, 31 Dec 2018 00:00:00 +0530 Tue, 30 Apr 2019 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60636 Where an Indian exporter outsources part of a contract to a nonresident supplier, the arrangement produces two supplies: the Indian exporter's supply to the foreign recipient for the full contract value (treated as export of services if conditions are satisfied) and the import of services by the Indian exporter from the nonresident supplier for the outsourced portion. The Indian exporter is liable to pay integrated tax under reverse charge on the imported portion, may claim input tax credit, and the full contract value can be treated as export realization if reverse charge is paid and RBI permits retention abroad. Circulars GST - States Mon, 31 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60636