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Export Service

nikhil (articleship) (137 Points)

06 June 2020

Case.
One person from India provided Consultancy service to Singapore base company.
Amount received in USD.

1. Whether such Service will be considered as export service?
2. If yes, client should obtain import export code?

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6 Replies

Nivesh tater (Tax Executive at Mazars India Bangalore) (205 Points)
Replied 06 June 2020

To be termed as export of service there are several other conditions. LUT need to be applied for without pay of taxes. IEC need to be obtained from DGFT. Do follow @ gstgist on Instagram for regular GST updates and amendments.

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nikhil (articleship) (137 Points)
Replied 06 June 2020

Details are as follows:

1. service provider - located India
2. service recipient - located Singapore
3. Amount received in USD
4. both are distinct person
5. service in the nature of consultanty

Whether place of supply will be outside India??

Nivesh tater (Tax Executive at Mazars India Bangalore) (205 Points)
Replied 06 June 2020

Nikhil explain the nature of service in detail. Consultancy relating to what ? The POS differs from service to service.

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KRISSHNAN KP (4215 Points)
Replied 06 June 2020

Yes you have to apply

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KRISSHNAN KP (4215 Points)
Replied 08 June 2020

You are in IT service?

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nikhil (articleship) (137 Points)
Replied 08 June 2020

Service descripttion as follow:

service receiver is Singapore base music company and host concert and live music show across world.

My client advise the company about hosting concert and music show in India.