I have a company whose turnover is well below 20 lakhs providing event management services and am not registered for GST but in in the future I wish to obtain the services of a foreign musical artist to perform for an event in india (in my home state of business):
- 1. Do I/ does he have to register for GST?
As in your case the services will be provided by a person located in non taxable territory and you being located in taxable territory viz India, said services will be subject to payment of IGST under Reverse Charge mechanism.
Further as per Section 24(iii) of the CGST Act, 2027, persons who are required to pay tax under reverse charge are compulsorily required to obtain GST registration.
Thus you can registration and pay tax under RCM. You can anyway avail the credit thereof against your GST liability on outward supplies.
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