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    <title>Applicability of GST on Asian Development Bank (ADB) and International Finance Corporation (IFC).</title>
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    <description>Services supplied directly by the Asian Development Bank and the International Finance Corporation are exempt from GST because their statutes confer immunity from taxation and from any obligation to collect or remit tax; this immunity precludes applying domestic tax provisions to their operations, and the exemption does not extend to entities acting on behalf of those institutions.</description>
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    <pubDate>Wed, 13 Mar 2019 00:00:00 +0530</pubDate>
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      <description>Services supplied directly by the Asian Development Bank and the International Finance Corporation are exempt from GST because their statutes confer immunity from taxation and from any obligation to collect or remit tax; this immunity precludes applying domestic tax provisions to their operations, and the exemption does not extend to entities acting on behalf of those institutions.</description>
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