AAR cannot give ruling on GST on PMS Services Fee Paid by Non-resident client

In re Banayan Tree Advisors (p) Limited (GST AAR Karnataka) Whether they need to charge GST on the Portfolio Management Services provided to Non-resident client, where the client pays fee in foreign currency from their overseas account to the account of the Portfolio manager? It is clearly evident from the above that the place of supply of the services must be outside India for the said services to be considered as “export of services”. Therefore determination of place of supply is very crucial in the instant case so as to decide whether the provision of said services amount to exp...