https://www.taxtmi.com/article/detailed?id=13113 An entity supplying services directly to a recipient outside India on a principal-to-principal basis is not an intermediary under the IGST framework. Intermediary services require arrangement or facilitation of a main supply between at least three parties. Contractual features-direct and proportionate cost recovery plus an arm's-length markup and allocation of foreign-exchange risk to the recipient-support classification as export of services rather than intermediary services. Place-of-supply rules for intermediary services feature only when the supplier or recipient is located outside India. en-us Fri, 15 Nov 2024 16:41:31 +0530 Fri, 15 Nov 2024 16:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13113 An entity supplying services directly to a recipient outside India on a principal-to-principal basis is not an intermediary under the IGST framework. Intermediary services require arrangement or facilitation of a main supply between at least three parties. Contractual features-direct and proportionate cost recovery plus an arm's-length markup and allocation of foreign-exchange risk to the recipient-support classification as export of services rather than intermediary services. Place-of-supply rules for intermediary services feature only when the supplier or recipient is located outside India. Articles Goods and Services Tax - GST Fri, 15 Nov 2024 16:41:31 +0530 https://www.taxtmi.com/article/detailed?id=13113