gst chargeable on RBI services ?
RBI input services also exempt???
5 Replies
Shubhada Padmawar
(51 Points)
Replied 06 April 2019
GST is charged by goods or service provider when supply is made to RBI
Priya Kashyap
(Student)
(7053 Points)
Replied 06 April 2019
And what if such supply made from foreign country?
btw thanks for the reply
btw thanks for the reply
Shubhada Padmawar
(51 Points)
Replied 06 April 2019
it will be import of service and tax is payable by RBI because no any exemption given by act. However there is one exception
Priya Kashyap
(Student)
(7053 Points)
Replied 19 May 2019
but in regard to import of service from nom taxable territory it will fall under RCM.. isn't it so?
VENKATESH M
(MANAGER - DIRECT & INDIRECT TAXATION)
(75 Points)
Replied 21 May 2019
Yes, an Import of Goods or Service shall fall under RCM ( IGST) is payable by the service/goods Recipient
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