https://www.taxtmi.com/highlights?id=80051 Clarification provided that custodial services provided by banks or financial institutions to Foreign Portfolio Investors (FPIs) are not treated as services provided to 'account holder' u/s 13(8)(a) of IGST Act. Such services are not covered u/s 13(8)(a). Place of supply of custodial services to FPIs is to be determined under default provision i.e. sub-section (2) of Section 13 of IGST Act, not u/s 13(8)(a). en-us Fri, 02 Aug 2024 15:09:41 +0530 Fri, 02 Aug 2024 15:09:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80051 Clarification provided that custodial services provided by banks or financial institutions to Foreign Portfolio Investors (FPIs) are not treated as services provided to 'account holder' u/s 13(8)(a) of IGST Act. Such services are not covered u/s 13(8)(a). Place of supply of custodial services to FPIs is to be determined under default provision i.e. sub-section (2) of Section 13 of IGST Act, not u/s 13(8)(a). Highlights GST - States Fri, 02 Aug 2024 15:09:41 +0530 https://www.taxtmi.com/highlights?id=80051