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Importation of services from a related person in India

Indirect Taxation

Import of services from a related person or established located in India, without consideration in the course or furtherance of business . Whether this is treated as ' supply' or not !?

Sajeetha R

CA Final

★ 45K+

25-Jan-23 06:34

192

Answers (6)

How can someone import from India?

CA Suraj Lakhotia

Admin

25-Jan-23 07:06

CA Suraj Lakhotia Admin

How can someone import from India?

Means receiving services in India

Thread Starter

Sajeetha R

CA Final

★ 45K+

25-Jan-23 07:29

Thread Starter

Sajeetha R

Means receiving services in India

As per section 7(1)(b) , importation of service with consideration, whether in course of business or not , is supply and RCM applicable. Further , as per Schedule 1 , Para 4 of section 7 (1)(c) , Any import of service without consideration from a Related person in furtherance of business , is also supply.