Non-resident vendor - gst rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2017
Hello Everyone!
My query is as under;
A foreign company giving services of tour operator in Dubai, to its Indian client,
Whether foreign company requires registration under GST u/s 24(v) of CGST Act, 2017 ?
Whether Indian client receiving services from foreign company required to pay GST on RCM basis ?
Kindly reply.
My query is as under;
A foreign company giving services of tour operator in Dubai, to its Indian client,
Whether foreign company requires registration under GST u/s 24(v) of CGST Act, 2017 ?
Whether Indian client receiving services from foreign company required to pay GST on RCM basis ?
Kindly reply.
25 August 2017
Foreign Company does not require any GST registration. Indian company receiving such services needs to pay IGST under Reverse Charge Mechanism.
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2017
Whether Input for RCM will be available to Indian Company, considering the fact that the Indian Company's main objective is "Tour Operator". ?
Correct me if I am wrong
I guess with 5% RCM payment - Input is not allowed, while with payment of 12% RCM input would be available.
Correct me if I am wrong
I guess with 5% RCM payment - Input is not allowed, while with payment of 12% RCM input would be available.
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