Respected Sir,
Private Limited company in Haryana(India) supplying to Unrelated Entity in USA / DUBAI Service of Indian Market analysis, Consumer behaviour and data of various industry type like pharma, fashion etc. Payment received in foreign exchange in euros / dollar. No ITC is involved. is it a zero rated supply ? in 3b/1 is it correct to show it in zero rated / export of services without payment of tax (LUT pending)
Also if same is given to India entities also, is it correct to charge 18% IGST/CGST/SGST for this and zero rated for export and file VARIOUS GST return ?
In our prima facie view, it should be export of service u/s 2(6) as POS will be location of recipient as per Sec 13(2) of the IGST Act, 2017 and amount recd in foreign exchange. However firm opinion can be provided after examining the documents.
Team Clearmytax.in