- A ruling by the Telangana Authority for Advance Rulings (AAR) may exempt services provided by Indian companies to foreign clients from IGST
- The ruling was made in a case involving referral services provided by a Hyderabad-based company to foreign universities for the admission of Indian students
- The AAR held that these services are exports and not intermediary in nature, therefore not attracting IGST
- The ruling may have implications for other industries providing services to foreign clients, especially in IT, consulting, marketing, and recruitment sectors
- The decision sets a precedent for the classification of services under GST, allowing for a broader interpretation that could impact various service sectors engaging with foreign clients.
Source: facebook.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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