Companies such as Google, Facebook, and X (formerly Twitter), along with some edtech firms, could be subject to an Integrated Goods and Services Tax (IGST) of up to 18 per cent on services provided to the government and individuals in India, effective from October 1, 2023.
This development follows a notification issued by the Central Board of Indirect Taxes and Customs, stating that these services will no longer enjoy an exemption from IGST, according to a report in The Economic Times.
Source a2ztaxcorp
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