https://www.taxtmi.com/circulars?id=66086 Where an Indian supplier outsources part of services to a foreign supplier for a recipient outside India, two supplies arise: the Indian supplier's supply to the recipient for the full contract value and the import of services by the Indian supplier from the foreign supplier for the outsourced portion. The Indian supplier must pay integrated tax on the imported portion under reverse charge and may claim input tax credit; the full contract value may nonetheless be treated as export if reverse charge tax is paid and RBI permits retention of part of the consideration outside India. en-us Mon, 31 Dec 2018 00:00:00 +0530 Tue, 13 Dec 2022 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66086 Where an Indian supplier outsources part of services to a foreign supplier for a recipient outside India, two supplies arise: the Indian supplier's supply to the recipient for the full contract value and the import of services by the Indian supplier from the foreign supplier for the outsourced portion. The Indian supplier must pay integrated tax on the imported portion under reverse charge and may claim input tax credit; the full contract value may nonetheless be treated as export if reverse charge tax is paid and RBI permits retention of part of the consideration outside India. Circulars GST - States Mon, 31 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66086