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    <title>GST on Services of Business Facilitator (BF) or a Business Correspondent (BC) to Banking Company.</title>
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    <description>Clarification addresses the GST treatment of services provided by Business Facilitators and Business Correspondents to banking companies, explaining application of the Department of Revenue&#039;s Circular to determine taxability, place of supply, consideration and the nature of intermediary services. The State tax authority directs all field formations to follow that Circular to ensure uniform implementation, assessment, classification and compliance in respect of GST on BF/BC services to banks under its delegated powers.</description>
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      <description>Clarification addresses the GST treatment of services provided by Business Facilitators and Business Correspondents to banking companies, explaining application of the Department of Revenue&#039;s Circular to determine taxability, place of supply, consideration and the nature of intermediary services. The State tax authority directs all field formations to follow that Circular to ensure uniform implementation, assessment, classification and compliance in respect of GST on BF/BC services to banks under its delegated powers.</description>
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