Time the policy of taxing intermediary services is remedied

Business Line

Levying GST on back-end services provided to overseas customers will make Indian exports uncompetitive The concept of intermediary services is a paradox in Indian GST law. Notwithstanding the fact that the overseas customer pays for such services in foreign exchange, Indian GST law imposes 18 per cent GST on intermediary services and thus flagrantly negates a primary canon of international trade —…

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