Still the nature of service is not described in detail:
I would provide you the following explanation and example for Rule 9 of POPSR,
"
“Online information and database access or retrieval services” are services in relation to online
information and database access or retrieval or both, in electronic form through computer
network, in any manner. Thus, these services are essentially delivered over the internet or an
electronic network which relies on the internet or similar network for their provision. The other
important feature of these services is that they are completely automated, and require minimal
human intervention.
Examples of such services are:-
i) online information generated automatically by software from specific data input by
the customer, such as web-based services providing trade statistics, legal and
financial data, matrimonial services, social networking sites;
ii) digitized content of books and other electronic publications, subscriptttion of online
newspapers and journals, online news, flight information and weather reports;
iii) Web-based services providing access or download of digital content."
Meaning if they are providing you the similar services as mentioned above, the location of service provider shall be taken as the place of provision, hence in this case no service tax is chargeable as per Sec.66B read with Rule 9 of the POPSR, as the service provider is located outside India.
Further, if not covered by Rule 9, as explained above, then it will be governed by General or Residuary Rule 3, where the location of service recipient is taken into consideration. Hence, in this case, service tax liability would arise to be discharged by your company under reverse charge mechanism, as you being the service recipient are located in India.
For further details you may refer to Place of Provision Rules, 2012 for which notification no.28/2012-ST can be taked into consideration and "Education Guide" from the under mentioned link under service tax column.
www.cbec.gov.in