The Hon’ble Delhi High Court in M/s. Cube Highways and Transportation Assets Advisor Private Limited v. Assistant Commissioner CGST Division & Ors. [W.P.(C) 14427 of 2022 dated August 17, 2023] held that, the advisory services were treated as ‘export of services’ under service tax and the assessee was not treated as ‘Intermediary’ under the Finance Act, 1994 (“the Finance Act”) and since, the definition of ‘Intermediary’ is similar to the definition under Sub-section (13) of Section 2 of the Integrated Goods and Services Tax Act, 2017 (“the IGST Act”) therefore the advisory services to be treated as export of service.
Source a2ztaxcorp
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