https://www.taxtmi.com/circulars?id=69974 Custodial services provided by banks or financial institutions to Foreign Portfolio Investors are not treated as services supplied to an account holder under section 13(8)(a) of the IGST Act. Such services, which include safekeeping of securities, maintenance of securities accounts, collection of benefits or rights, communication of issuer actions, and record maintenance, must therefore have their place of supply determined under the default rule in section 13(2) of the IGST Act. en-us Mon, 08 Jul 2024 00:00:00 +0530 Wed, 27 May 2026 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69974 Custodial services provided by banks or financial institutions to Foreign Portfolio Investors are not treated as services supplied to an account holder under section 13(8)(a) of the IGST Act. Such services, which include safekeeping of securities, maintenance of securities accounts, collection of benefits or rights, communication of issuer actions, and record maintenance, must therefore have their place of supply determined under the default rule in section 13(2) of the IGST Act. Circulars GST - States Mon, 08 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69974