Is GST applicable for my self proprietorship firm as I have taken consultancy from a Education consultancy firm outside India? How much %GST is applicable and how do I pay it? The invoice sent to me is for eg 1000$ from outside India, what would be the GST applicable and other taxes for me to pay this to the company?
Can I get a refund on this GST in India? If so, how can I get a refund back?
06 October 2021
Your service under RCM. You need to get yourself registered and issue self invoice/payment voucher and pay GST under RCM to the government directly. GST @ 18% shall be applicable. Refund is not available. However, if you continue to receive such service and be liable to pay GST, you can avail ITC on RCM paid.
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