https://www.taxtmi.com/forum/issue?id=117979 Whether overseas bank charges on export remittances fall under the Reverse Charge Mechanism depends on whether the transaction meets the Import of Services conditions: supplier located outside India, recipient located in India, and place of supply in India. One view contends such charges arise outside India and are not taxable; alternative views stress that if the Indian exporter bears the charge or the Indian bank is an intermediary, the service is imported and RCM may apply, making the factual manner of deduction decisive. en-us Fri, 03 Jun 2022 14:01:29 +0530 Thu, 23 Jan 2025 15:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117979 Whether overseas bank charges on export remittances fall under the Reverse Charge Mechanism depends on whether the transaction meets the Import of Services conditions: supplier located outside India, recipient located in India, and place of supply in India. One view contends such charges arise outside India and are not taxable; alternative views stress that if the Indian exporter bears the charge or the Indian bank is an intermediary, the service is imported and RCM may apply, making the factual manner of deduction decisive. Discussion-Forum GST Fri, 03 Jun 2022 14:01:29 +0530 https://www.taxtmi.com/forum/issue?id=117979