https://www.taxtmi.com/circulars?id=61175 An Indian supplier outsourcing part of an export contract to a non resident creates two supplies: an export by the Indian supplier for the full contract value and an import of services for the outsourced portion. The Indian supplier must pay integrated tax under reverse charge on the imported portion and may claim input tax credit. Even if part consideration is paid abroad directly to the non resident supplier, the full contract value can be treated as export provided reverse charge tax is paid and foreign retention of consideration is permitted by the RBI. en-us Wed, 27 Feb 2019 00:00:00 +0530 Tue, 28 May 2019 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61175 An Indian supplier outsourcing part of an export contract to a non resident creates two supplies: an export by the Indian supplier for the full contract value and an import of services for the outsourced portion. The Indian supplier must pay integrated tax under reverse charge on the imported portion and may claim input tax credit. Even if part consideration is paid abroad directly to the non resident supplier, the full contract value can be treated as export provided reverse charge tax is paid and foreign retention of consideration is permitted by the RBI. Circulars GST - States Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61175