https://www.taxtmi.com/forum/issue?id=117446 Whether an Indian recipient must pay GST under the Reverse Charge Mechanism for bank charges deducted by a foreign bank. Banking charges are treated as services with the place of supply determined by Section 13(8)(1); where the supplier is located outside India, the place of supply is outside India and reverse charge does not apply, so GST is not payable by the Indian recipient on the foreign bank's charges. en-us Tue, 24 Aug 2021 09:59:54 +0530 Thu, 23 Jan 2025 15:54:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117446 Whether an Indian recipient must pay GST under the Reverse Charge Mechanism for bank charges deducted by a foreign bank. Banking charges are treated as services with the place of supply determined by Section 13(8)(1); where the supplier is located outside India, the place of supply is outside India and reverse charge does not apply, so GST is not payable by the Indian recipient on the foreign bank's charges. Discussion-Forum GST Tue, 24 Aug 2021 09:59:54 +0530 https://www.taxtmi.com/forum/issue?id=117446