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    <title>Clarification on place of supply applicable for custodial services provided by banks to Foreign Portfolio Investors</title>
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    <description>Place of supply for custodial services supplied by banks to Foreign Portfolio Investors is governed by central GST clarification intended to ensure uniform implementation. State tax officers are directed to follow that guidance under the State GST framework when administering the applicable place-of-supply treatment for such services.</description>
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      <description>Place of supply for custodial services supplied by banks to Foreign Portfolio Investors is governed by central GST clarification intended to ensure uniform implementation. State tax officers are directed to follow that guidance under the State GST framework when administering the applicable place-of-supply treatment for such services.</description>
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