Handbook on Exempted Supplies under GST
The Institute of Chartered Accountants of India, New Delhi published 4th edition on April, 2025.
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The Institute of Chartered Accountants of India, New Delhi published 4th edition on April, 2025.
Foreign lenders are urging government intervention to exempt custodian services from the Goods and Services Tax (GST), according to sources familiar with the matter. Custodian services, provided to overseas institutional and portfolio investors, are at the center of this request.…
The expression “exempt supply” under GST law is of critical importance, as if a supply of goods or services or both is exempt, no GST is payable on such supplies by the supplier under forward charge mechanism. Further in case…