https://www.taxtmi.com/circulars?id=60948 Services supplied directly by the Asian Development Bank and the International Finance Corporation are exempt from GST under the statutory immunities in the ADB Act, 1966 and the IFC Act, 1958, which also relieve them of obligations to collect or remit taxes. A tribunal precedent supports that such immunities prevail over domestic tax provisions. The exemption applies only to services provided by ADB and IFC and does not extend to entities appointed by or acting for them. en-us Tue, 08 Jan 2019 00:00:00 +0530 Tue, 14 May 2019 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60948 Services supplied directly by the Asian Development Bank and the International Finance Corporation are exempt from GST under the statutory immunities in the ADB Act, 1966 and the IFC Act, 1958, which also relieve them of obligations to collect or remit taxes. A tribunal precedent supports that such immunities prevail over domestic tax provisions. The exemption applies only to services provided by ADB and IFC and does not extend to entities appointed by or acting for them. Circulars GST - States Tue, 08 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60948