https://www.taxtmi.com/circulars?id=60366 Services supplied by the Asian Development Bank and the International Finance Corporation are immune from taxation and hence exempt from GST under their respective Acts; this immunity includes exemption from any obligation to collect or pay taxes and prevents domestic tax provisions from applying to services provided by the institutions themselves. The exemption is limited to services provided directly by ADB and IFC and does not extend to entities appointed by or acting on their behalf. The clarification is stated to be applicabl from 1 January 2019. en-us Wed, 30 Jan 2019 00:00:00 +0530 Wed, 27 Mar 2019 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60366 Services supplied by the Asian Development Bank and the International Finance Corporation are immune from taxation and hence exempt from GST under their respective Acts; this immunity includes exemption from any obligation to collect or pay taxes and prevents domestic tax provisions from applying to services provided by the institutions themselves. The exemption is limited to services provided directly by ADB and IFC and does not extend to entities appointed by or acting on their behalf. The clarification is stated to be applicabl from 1 January 2019. Circulars GST - States Wed, 30 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60366