https://www.taxtmi.com/caselaws?id=422704 The AAR Gujarat ruled that GST under reverse charge mechanism is not leviable on services of arranging subscriptions supplied by managers located in non-taxable territory. The authority determined that the manager acts as an intermediary facilitating the main supply of securities between principals. Since both the manager and place of supply are in non-taxable territory outside India, the transaction does not constitute import of services under Section 13(8)(b) IGST Act, making GST non-applicable under RCM. en-us Wed, 11 May 2022 00:00:00 +0530 Thu, 03 Apr 2025 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422704 The AAR Gujarat ruled that GST under reverse charge mechanism is not leviable on services of arranging subscriptions supplied by managers located in non-taxable territory. The authority determined that the manager acts as an intermediary facilitating the main supply of securities between principals. Since both the manager and place of supply are in non-taxable territory outside India, the transaction does not constitute import of services under Section 13(8)(b) IGST Act, making GST non-applicable under RCM. Case-Laws GST Wed, 11 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422704