GCC Services May Qualify as Exports Under Proposed IGST Act Amendment

GCC Services May Qualify as Exports Under Proposed IGST Act Amendment New Delhi, Sep 15 (KNN) Services provided by global capability centres (GCCs) to overseas entities may qualify as exports under a proposed amendment to the Integrated Goods and Services Tax (IGST) Act, potentially removing the 18 per cent GST currently applicable to such services. The proposed amendment is likely to be discussed at the next meeting of the GST Council, which is expected to be held on October 7, according

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