Impact of GST on Service Provided in Third Country
Query (Issue) Started By: – Lokesh Kumar Dated:- 8-9-2017 Last Reply Date:- 12-9-2017 Goods and Services Tax – GST
Got 8 Replies
GST
This year in the month of April I went to Belgium to attend a trade show, there I met an exporter from Cuba and introduced them to an importer in Taiwan. The Cuban exporter has started shipping cargo directly to the Taiwanese importer.
The Taiwanese importer has committed to pay us USD 2500 per consignment for introducing them to the Cuban exporter. Will there be any GST on the payment which we may receive on such transactions?
Kindly note the following:
* Exporter is from Cuba: Not in India
* Importer is from Taiwan: Not in India
* Servic
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d as service provided in India. I agree with Sri Kasturi Sir. It is not taxable.
Reply By KASTURI SETHI:
The Reply:
Here place of Supply is outside India and not in India. Only foreign currency received in India. Definitions of place of Supply in IGST Act are at variance depending upon situation of each case. There is also no intent of Govt. to levy tax on receipt of foreign currency in India. So many factors are involved to arrive at exact place of supply.
Reply By Lokesh Kumar:
The Reply:
Thank you sir
Reply By KASTURI SETHI:
The Reply:
'Consideration' cannot be treated as 'Supply' and vice versa. Both have separate legal status/definitions.
Reply By Ganeshan Kalyani:
The Reply:
Sri Mariappan Sir, i agree with you
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