WebOct 29, 2024 · The Central Board of Indirect Taxes and Customs (CBIC) released Circular No. 159/15/2024-GST on September 20, 2024, to clarify scope of intermediary services under the GST regime. This circular is the first step towards resolving the problems that trade and industry are encountering due to differing interpretations of the issue by tax … WebGST - Refund of integrated tax paid in respect of certain services - Zero... GST Refund of integrated tax paid in respect of certain services - Zero Rated Supplies - intermediary services - the question as to the precise nature of services is vital for determining whether the services are in the nature of services rendered by an “intermediary”.

Circulars Goods and Services Tax Council

WebSep 20, 2024 · The Finance Ministry has issued a detailed circular clarifying the scope of intermediary services. This circular is the first step to address the difficulties being … WebJul 22, 2024 · In one of the scenarios, the circular clarified that the provision of back-end services (such as back-office operations, call centre services, support centres, payroll, revenue accounting, data ... can moles be prevented

Intermediary service in GST with relevant cases

WebJan 29, 2024 · Facing backlash from the various members of industry, instead of amending the circular, the CBIC has chosen to withdraw the Circular No. 107 /26/2024-GST dated 18 July 2024, ab-initio, vide ... WebSep 21, 2024 · Taken together, these conditions mean back-office services would be considered exports and not intermediary services. “An intermediary essentially arranges or facilitates another supply (the ‘main supply’) between two or more other persons and does not himself provide the main supply,” according to the circular. WebSep 21, 2024 · provision of intermediary services; (1) Main supply, between the two principals, which can be a supply of goods or services or securities; (2) Ancillary supply, … can ms office be moved to a new computer