Commission Income from Foreign entity for arranging business

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....ommission Income from Foreign entity for arranging business<br> Query (Issue) Started By: - Balakrishnan Ramalingam Dated:- 15-3-2019 Last Reply Date:- 16-3-2019 Goods and Services Tax - GST<br>Got 7 Replies<br>GST<br>My client have received Commission in US$ for arranging business connection between two parties both in foreign. Subsisting agreement available with the supplier of goods (foreigner)....

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..... Pl advise on applicability of GST on above transaction. Also Which GST ? IGST or SGST/CGST? Thanks Reply By CASusheel Gupta: The Reply: It shall fall under definition of intermediary services and POS shall be location of supplier u/s 13(8) i.e. Inida, hence subject to GST. Need to charge IGST as per section 7(5)(c) of IGST Act. (Other opinions also required) CA Susheel Gupta 9811004443 Re....

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....ply By KASTURI SETHI: The Reply: IGST is payable. I support the views of Sh.Sushil Gupta, C.A. Reply By Balakrishnan Ramalingam: The Reply: Thanks sirs, But can we claim the same of Export of Service and claim &#39;zero rated tax&#39; by giving LUT or alternatively pay IGST and claim refund? Reply By KESHAV GROVER: The Reply: Sir, The reply given by the above two learned experts is absolut....

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....ely correct.Please go throght the definition of the intermidiary as given in the IGST Act and take decision. Reply By KASTURI SETHI: The Reply: With reference to query no.3 dated 16.3.19 of the querist, here is the decision of AAR: 2019 (20) G.S.T.L. 494 (A.A.R. - GST) = 2018 (12) TMI 227 - AUTHORITY FOR ADVANCE RULING, MAHARASHTRA IN RE : VISHAKHAR PRASHANT BHAVE Reply By Balakrishnan Ramalin....

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....gam: The Reply: Thank you sir Reply By CASusheel Gupta: The Reply: Thanks Sir<br> Discussion Forum - Knowledge Sharing ....