Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The DGFT introduces a new 'Mode of Export of Services' field in the eBRC format for services exports, effective May 01, 2025. The modification aligns with WTO GATS guidelines, requiring exporters to specify one of four service trade modes during electronic bank realization certificate certification: Cross-Border Supply, Consumption Abroad, Commercial Presence, or Presence of Natural Persons. This reform enhances data granularity and accuracy in services export reporting, enabling more precise tracking of international service transactions and supporting India's commitment to standardized international trade documentation.
The DGFT introduces a new 'Mode of Export of Services' field in the eBRC format for services exports, effective May 01, 2025. The modification aligns with WTO GATS guidelines, requiring exporters to specify one of four service trade modes during electronic bank realization certificate certification: Cross-Border Supply, Consumption Abroad, Commercial Presence, or Presence of Natural Persons. This reform enhances data granularity and accuracy in services export reporting, enabling more precise tracking of international service transactions and supporting India's commitment to standardized international trade documentation.
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