We are extending remote/ online project management and installation related services to foreign based clients, who had imported machinery from us. So we receive inward remittance under RBI Purpose Code P0104.
Does this service attract 18% GST, assuming this service will fall under the head of " other technical and scientific services nowhere else classified"- ref Maharashtra AAAR award recently.
Additionally, we often charge Warehouse Rental charge, where foreign clients do not import within agreed time frame. In such case, what will be tax/ Customs law implications, as we receive a good amount. What Purpose Code will be used?
Kindly guide.
Regards
CAclubindia
