Is GST is applicable on client Aborad from Getting serrvice from India?
No, service tax was not applicable. GST too is not payable, but if you are registered with GST there is a procedural requirement that you must submit a ‘letter of undertaking’ (form RFD-11 on the CBEC website, or you can google it) to the GST officer.
Step 1 – Submit a ‘letter of undertaking’ (form RFD-11 on the CBEC website, or you can google it) to the GST officer.
Step 2 – Furnish LUT in RFD-11 on GST Portal
Step 3 – Invoice must be submitted in Foreign currency only to Clients abroad.
Step 4 – Once payment recieved, Bank would send a form to file “Disposal instruction of Foreign inward Remittance” with charges duducted for Foreign currency transfer.