EXPORT OF SERVICE UNDER GST

This query is : Resolved

RK AND ASSOCIATES (Querist)
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15 August 2017 my client is providing online advertising service from India to USA base company. now do we have to charge IGST on export of service or not?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 August 2017 No GST applicable on export of service. Furnish bond/letter of undertaking to avoid IGST payment.

RK AND ASSOCIATES

RK AND ASSOCIATES (Querist)
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15 August 2017 If I do not furnish bond /LoU what will be the consequences

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CA Suresh Jain

CA Suresh Jain (Expert)
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15 August 2017 The Supply of Service in course of export can be
1. on payment of applicable IGST, or
2. on zero rate against furnishing LUT/Bond
In case you desire not to submit bond/LUT, you need to pay IGST at applicable rates