https://www.taxtmi.com/circulars?id=60845 An Indian supplier outsourcing part of export services to a foreign supplier creates two supplies: export of services by the Indian supplier for the full contract value and import of services by the Indian supplier for the outsourced portion. The Indian supplier must pay IGST on the imported portion under reverse charge and may claim input tax credit. If RBI permits retention of part of consideration abroad and IGST on the imported portion is paid, the full contract value can be treated as export despite direct payment to the foreign supplier. en-us Tue, 01 Jan 2019 00:00:00 +0530 Wed, 08 May 2019 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60845 An Indian supplier outsourcing part of export services to a foreign supplier creates two supplies: export of services by the Indian supplier for the full contract value and import of services by the Indian supplier for the outsourced portion. The Indian supplier must pay IGST on the imported portion under reverse charge and may claim input tax credit. If RBI permits retention of part of consideration abroad and IGST on the imported portion is paid, the full contract value can be treated as export despite direct payment to the foreign supplier. Circulars GST - States Tue, 01 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60845