As per the existing law, all intermediaries including the ones supplying services to outside India were subject to GST at the rate of 18%. ‘Intermediaries’ are specifically defined under the GST Act. An intermediary refers to a broker, an agent or any other person who arranges or facilitates the supply of goods or securities or services between two or more persons. The definition excludes a person who supplies such goods or services or both or securities on his own account.
As per the existing law, all intermediaries including the ones supplying services to outside India were subject to GST at the rate of 18%. ‘Intermediaries’ are specifically defined under the GST Act. An intermediary refers to a broker, an agent or any other person who arranges or facilitates the supply of goods or securities or services between two or more persons. The definition excludes a person who supplies such goods or services or both or securities on his own account.
As per the existing law, all intermediaries including the ones supplying services to outside India were subject to GST at the rate of 18%. ‘Intermediaries’ are specifically defined under the GST Act. An intermediary refers to a broker, an agent or any other person who arranges or facilitates the supply of goods or securities or services between two or more persons. The definition excludes a person who supplies such goods or services or both or securities on his own account.
As per the existing law, all intermediaries including the ones supplying services to outside India were subject to GST at the rate of 18%. ‘Intermediaries’ are specifically defined under the GST Act. An intermediary refers to a broker, an agent or any other person who arranges or facilitates the supply of goods or securities or services between two or more persons. The definition excludes a person who supplies such goods or services or both or securities on his own account.
As per the existing law, all intermediaries including the ones supplying services to outside India were subject to GST at the rate of 18%. ‘Intermediaries’ are specifically defined under the GST Act. An intermediary refers to a broker, an agent or any other person who arranges or facilitates the supply of goods or securities or services between two or more persons. The definition excludes a person who supplies such goods or services or both or securities on his own account.
As per the existing law, all intermediaries including the ones supplying services to outside India were subject to GST at the rate of 18%. ‘Intermediaries’ are specifically defined under the GST Act. An intermediary refers to a broker, an agent or any other person who arranges or facilitates the supply of goods or securities or services between two or more persons. The definition excludes a person who supplies such goods or services or both or securities on his own account.
