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GST on Overesas Remuneration received

RCM 187 views 1 replies

My clients receive Overesas Remuneration on Export Service or we can say commission from foreign entity. What is the tax treatment under gst for above.

 

My client arrange a deal between L & T and Foreign Entity. the foreign entity is well known to my client. My client set the deal between this and received the income from foreign entity. Pls let me know the gst treatment for above

Replies (1)

Dear Mr SAHIL AGRAWAL
 

Your client provides service to a foreign entity, i.e these services are considered as an Export of services if they received remuneration in foreign currency and then after taking LUT, no need to pay tax on that or pay GST on that and then claim a refund.

 

Thanks & Regards

Durgesh Vashisth

durgeshvashisth @ gmail.com


CCI Pro

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