About Us
C P C & Company (hereinafter referred to as ‘CPC’) was established in 2009 and has grown to meet the challenges of the complex world of business and emerging technologies. We cater to the evolving needs of the industry and our clients.
When an Indian business provides services to Bhutan, Nepal, or Bangladesh, many wonder who pays the tax. Here’s the simple breakdown:
✅ Exports of services are considered an inter-State supply under GST.
✅ If the payment is received in convertible foreign exchange, the supply is zero-rated, meaning no GST is charged.
✅ The service provider can claim a refund of the input tax credit (ITC) on expenses related to such exports.
Bottom line? If you’re exporting services and getting paid in foreign exchange, no GST is payable, and you may even get a refund! 💰🚀
#GST #ExportOfServices #TaxSimplified #Finance #CharteredAccountant
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