Is RCM applicable for import of service when export service provided to foreign party
ARUN KUMAR DAS (TAX PRACTICE) (25 Points)
27 April 2023ARUN KUMAR DAS (TAX PRACTICE) (25 Points)
27 April 2023
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 27 April 2023
If you are treating it as a service received by you then RCM applicable on import of such service
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 27 April 2023
ARUN KUMAR DAS
(TAX PRACTICE)
(25 Points)
Replied 28 April 2023
We are hired a cargo /vessel from Singapore to deliver our customers goods from kolkata to China port, the Singapore company raised a bill to us in USD for their vessel, the prima facie in this issue, if foreign shipping company not provide me service than my act of export service could not be performed on behalf of my client. Question is such import service applicable to pay RCM on invoice of foreign company charged? Section 2(11) IGST Act implied.
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 28 April 2023
If you have availed the GTA services from outside taxable territory to provide services to non-taxable territory then RCM will be applicable on import of services from the non-taxable territory.
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 28 April 2023
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