INTERMEDIARY SERVICES – The Export Sector’s Achilles Heel?

Numerous taxes, multiple assessments, and unnecessary procedural burden had necessitated the advent of a single levy which subsumed the prevailing taxes. Thus, GST was implemented with much fanfare. However, despite its ambitious beginning, GST is turning out to be, as the adage goes, merely an ‘old wine in a new bottle’. Keeping the teething problems aside, it appears many contentious legal issue…