ADVERTISEMENT
GST: The Narrow Relief For Intermediary Services
Scope of 'intermediary services' clarified. It's a limited relief, experts say.
22 Sep 2021, 08:41 AM IST
Back in 2018, India’s support services industry got a goods and services tax surprise. Maharashtra’s Authority for Advance Ruling ruled in the Vserv Global Pvt. case that support services to overseas clients will qualify as intermediary services.Consequently, they’d attract 18% GST. As against if they were treated as export of services which is zero rated.The AAR ruling adversely impacted the BPO, IT-ITES sector and similar businesse...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Free
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT