Circular no. 220/14/2024-GST dated 26.06.2024
CBIC issued a Circular No. 220/14/2024-GST dated 26.06.2024 to provide Clarification on place of supply applicable for custodial services provided by banks to Foreign Portfolio Investors
Tag: Foreign Portfolio Investors
Maharashtra GST department slaps tax notices on custodians to FPIs
The Maharashtra Goods and Services Tax (GST) department has sent notices to several banks on the taxability of custodial services provided by them to foreign portfolio investors (FPIs), said people in the know. The state GST authorities have taken the…