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🚨 Relief for Intermediary Services under GST! 🚨
For years, intermediaries like BPOs, consultants, and commission agents faced a huge challenge:
Even when services were provided to foreign clients, they were taxed at 18% GST instead of being treated as exports.
Why? 👉 Section 13(8)(b) of the IGST Act treated the place of supply as India, so these services didn’t qualify as exports. That meant:
❌ No zero-rated benefits
❌ No GST refund
❌ Blocked working capital
But now, as per updates from the 56th GST Council Meeting, the government is actively considering granting export status to intermediary services.
✅ No 18% output tax
✅ Zero-rated supply under GST
✅ Refund of ITC available
✅ Boost to India’s service ecosystem
This is a long-awaited relief for freelancers, consultants, BPOs, agents, and startups working with international clients. 🌍💼
#gstwithcavishal #gstindia #gst #taxeducation #gstupdates #gstnews #nextgengst #gstreforms #intermediary #export
Видео 🚨 Relief for Intermediary Services under GST! 🚨 канала GST with CA Vishal
Even when services were provided to foreign clients, they were taxed at 18% GST instead of being treated as exports.
Why? 👉 Section 13(8)(b) of the IGST Act treated the place of supply as India, so these services didn’t qualify as exports. That meant:
❌ No zero-rated benefits
❌ No GST refund
❌ Blocked working capital
But now, as per updates from the 56th GST Council Meeting, the government is actively considering granting export status to intermediary services.
✅ No 18% output tax
✅ Zero-rated supply under GST
✅ Refund of ITC available
✅ Boost to India’s service ecosystem
This is a long-awaited relief for freelancers, consultants, BPOs, agents, and startups working with international clients. 🌍💼
#gstwithcavishal #gstindia #gst #taxeducation #gstupdates #gstnews #nextgengst #gstreforms #intermediary #export
Видео 🚨 Relief for Intermediary Services under GST! 🚨 канала GST with CA Vishal
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Информация о видео
1 ноября 2025 г. 11:30:17
00:01:32
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