https://www.taxtmi.com/forum/issue?id=115046 Importation of cloud based software provided free by a related non resident to its Indian affiliate is treated as import of services with place of supply in India, attracting the Reverse Charge Mechanism; the Indian recipient must ascertain and pay GST on the open market value, and if eligible for Input Tax Credit the invoiced value declared by the supplier will be deemed the open market value. en-us Tue, 04 Jun 2019 20:15:48 +0530 Thu, 23 Jan 2025 15:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115046 Importation of cloud based software provided free by a related non resident to its Indian affiliate is treated as import of services with place of supply in India, attracting the Reverse Charge Mechanism; the Indian recipient must ascertain and pay GST on the open market value, and if eligible for Input Tax Credit the invoiced value declared by the supplier will be deemed the open market value. Discussion-Forum GST Tue, 04 Jun 2019 20:15:48 +0530 https://www.taxtmi.com/forum/issue?id=115046