Long term repair and maintenance contract with foreign supplier import of service?
THE AUTHORITY OF ADVANCE RULING
The Question and Ruling as follows :
A foreign company has contracted for a long term repair and maintenance contrct for the equipment it supplied to Bharat Coking Coal Ltd. Whether it amounts to import of service is the question to be answered.
Supply of service to BCCL in terms of the MARC is not import of service. The recipient is not, therefore, liable to pay GST on reverse charge basis in terms of Notification No. 1012017 – lntegrated Tax (Rate) dated 2810612017. The applicant, being the domestic MARC Holder, is liable to pay tax as applicable in terms of clause 9.2.2 of the MARC.
Below mentioned articlescan be helpful:
- HSN code of 48089000 applicable on kraft paper made honeycomb boards
- GST sales of Gas sold in Bottle to Commercial & Domestic Customer
- GST on online or telephonic educational coaching from India for corporate & individuals residing outside India
- Discount given for non provision of service is not business auxiliary service