Our company is a subsidary of a foreign IT company & we r providing services only to that company.
Do we want to charge the gst from our head office company ?
pls help
3 Replies
balaraman jayagopi
(21 Points)
Replied 02 October 2017
It is export of service to a distinct person.can be sent by executiexecuting bond or letter of undertaking provided the proceeds are realised in freely convertible foreign currency with in the period as per RBI GUIDE LINES
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 02 October 2017
There is no need to charge any GST as the place of supply of services under section 13 of IGST for IT services would be based on location of recipeint. If export proceeds realised in convertible foreign exchange then refund of GST paid on all inputs is available.
niboj
(Bangalore)
(139 Points)
Replied 02 October 2017
Do we want to file any forms with gst dept. for availing the exemption from IGST ?
Recent Topics
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
Related Threads
CAclubindia
