https://www.taxtmi.com/circulars?id=60809 When an Indian supplier outsources part of a contract to a foreign provider, two supplies exist: the Indian supplier's supply to the non resident recipient for the full contract value and the import of services by the Indian supplier for the outsourced portion. The Indian supplier must pay integrated tax under the reverse charge mechanism on the imported portion and may claim input tax credit. The full contract value can be treated as export of services if IGST is paid on the imported portion and RBI permits retention of part of the consideration outside India. en-us Mon, 31 Dec 2018 00:00:00 +0530 Mon, 06 May 2019 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60809 When an Indian supplier outsources part of a contract to a foreign provider, two supplies exist: the Indian supplier's supply to the non resident recipient for the full contract value and the import of services by the Indian supplier for the outsourced portion. The Indian supplier must pay integrated tax under the reverse charge mechanism on the imported portion and may claim input tax credit. The full contract value can be treated as export of services if IGST is paid on the imported portion and RBI permits retention of part of the consideration outside India. Circulars GST - States Mon, 31 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60809