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export of service under gst    Click here to Write Reply
sir/madam

kindly advice 

1) what is export of service under gst
2) whether remittance in foreign exchange for services provided outside India is necessary for classification as export of service

sudhir mathur
  

Post by - sudhir mathur , Mar 21 2018 11:10PM Last Post By - ramesh bhatia Mar 21 2018 11:11PM


Reply by - ramesh bhatia , Mar 21 2018 11:11PM

“Export of Services” as defined under Section 2 (6) of IGST Act 2017 means the supply of any service when –

 

1.the supplier of service is located in India;

2.the recipient of service is located outside India;

3.the place of supply of service is outside India;

4.the payment for such service has been received by the supplier of service in convertible foreign exchange; and

5.the supplier of service and the recipient of service are not merely establishments of a distinct person in accordance with Explanation 1 in section 8;

6.Explanation 1.— For the purposes of this Act where a person has—

an establishment in India and any other establishment outside India; an establishment in a State or Union territory and any other establishment outside that State; or an establishment in a State or Union territory and any other establishment being a business vertical registered within that State or Union territory then such establishments shall be treated as establishments of distinct persons.

Export of Services – Multiple Conditions

If all tests satisfied then eligible for zero rating

 

If all tests not satisfied

 

• Inter-state as per the deeming fiction of section 7(5) of the IGST Act

• Not Eligible for Zero Rating

• Therefore taxable as IGST

 

Examples

 

• Services realised in Indian currency

• Services not realised at all

• Remittances from branches --- Is it taxable at all in first place?

etc