Investment advisory services to foreign companies qualifies as export of service
Last updated: 02 September 2023
Court :
Delhi High Court
Brief :
The Hon'ble Delhi High Court in M/s. Cube Highways and Transportation Assets Advisor Private Limited v. Assistant Commissioner CGST Division & Ors. [W.P.(C) 14427 of 2022 dated August 17, 2023] held that, the advisory services were treated as ‘export of services' under service tax and the assessee was not treated as ‘Intermediary' under the Finance Act, 1994 ("the Finance Act") and since, the definition of ‘Intermediary' is similar to the definition under Sub-section (13) of Section 2 of the Integrated Goods and Services Tax Act, 2017 ("the IGST Act") therefore the advisory services to be treated as export of service.
Citation :
W.P.(C) 14427 of 2022 dated August 17, 2023
You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :
Stay updated! Stay ads free
Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.
CCI PRO annual subscription :
Original Price : INR 2999/-
Offer Price : INR 1999/-
Duration : 1 year
(Prices Inclusive of GST)
Know More
Note: If you are a PRO member already, please click here to login (for ad free experience)
Bimal Jain
Published in GST
Views : 288
Comments
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
