Mumbai: Indian tax authorities are alerting overseas gaming, fintech and content service providers in distant jurisdictions like the US, Malta, and Curacao about the goods and services tax (GST) law to spare these offshore firms of nasty surprises later.
An email, in the nature of an information flyer, is being sent to these offshore business-to-customer (B2C) entities by the Bangalore nodal office of Central Board of Indirect Taxes and Customs which administers the common indirect tax which came into effect from July 1, 2017.
Source economictimes
Latest Posts in "India"
- India Cuts GST on Renewable Energy to 5%, Boosting Solar Affordability and Green Jobs
- Telangana Deputy CM Urges Traders to Pass GST Rate Benefits to Public for Economic Growth
- Indian CBEC Clarifies GST Treatment of Post-Sale Discounts and Input Tax Credit Eligibility
- 5% GST on Salons, Gyms, Yoga Classes Mandatory from September 22, Says CBIC
- CBIC Clarifies: No Input Tax Credit for Insurers on Brokerage and Commission Under New GST Rules