INTERMEDIARY SERVICES UNDER GST
For several years, Indian businesses engaged in liaison, facilitation, brokerage, sourcing support, and backend coordination services for overseas clients faced prolonged GST disputes regarding the taxability of intermediary services. Although these services were rendered to foreign customers and consideration was received in foreign exchange, the transactions were frequently denied export status due toa special place-of-supply provision under the Integrated Goods and Services TaxAct, 2017 (“IGST Act”).
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