https://www.taxtmi.com/circulars?id=67652 Where a registered person in India imports services from a related person outside India and the recipient is eligible for full input tax credit, the value declared in the recipient's invoice shall be deemed to be the open market value of those services; if no invoice value is declared, the recipient may deem the value as nil and that deemed value may be treated as the open market value. Tax on such imports is payable by the recipient under reverse charge and the recipient must issue a self-invoice. en-us Mon, 08 Jul 2024 00:00:00 +0530 Thu, 11 Jul 2024 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67652 Where a registered person in India imports services from a related person outside India and the recipient is eligible for full input tax credit, the value declared in the recipient's invoice shall be deemed to be the open market value of those services; if no invoice value is declared, the recipient may deem the value as nil and that deemed value may be treated as the open market value. Tax on such imports is payable by the recipient under reverse charge and the recipient must issue a self-invoice. Circulars GST - States Mon, 08 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67652