Export of Services – a non compete fee paid in foreign exchange qualifies as zero rated where recipient is abroad.

Export of Services – a non compete fee paid in foreign exchange qualifies as zero rated where recipient is abroad.Case-LawsGSTThe note treats a non compete fee for agreeing to refrain from competing as a taxable ‘supply of services’ under Schedule II(5)(e

Export of Services – a non compete fee paid in foreign exchange qualifies as zero rated where recipient is abroad.
Case-Laws
GST
The note treats a non compete fee for agreeing to refrain from competing as a taxable 'supply of services' under Schedule II(5)(e) and Section 9(1) CGST; where the supplier is in India and the recipient is located abroad, payment is in foreign exchange and the establishments are not merely distinct persons, the transaction meets the five conditions of export u

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