https://www.taxtmi.com/forum/issue?id=119202 CBIC guidance treats services from foreign directors as having nil taxable value where no consideration is paid and no self invoice issued, so GST need not be paid under the reverse charge mechanism; however, where the recipient cannot claim full input tax credit because of blocked credit rules, reverse charge remains applicable, whereas recipients eligible for full credit and transactions within the related party proviso need not discharge GST under reverse charge. en-us Tue, 09 Jul 2024 18:00:18 +0530 Fri, 24 Jan 2025 10:40:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119202 CBIC guidance treats services from foreign directors as having nil taxable value where no consideration is paid and no self invoice issued, so GST need not be paid under the reverse charge mechanism; however, where the recipient cannot claim full input tax credit because of blocked credit rules, reverse charge remains applicable, whereas recipients eligible for full credit and transactions within the related party proviso need not discharge GST under reverse charge. Discussion-Forum GST Tue, 09 Jul 2024 18:00:18 +0530 https://www.taxtmi.com/forum/issue?id=119202