Overseas staff on deputation: CBIC alert over GST notices

CBIC warns field employees about the increasing number of GST-demand notices served on Indian companies due to the deputation of overseas staff. The notices are being issued based on a Supreme Court judgment that held the secondment of employees as a taxable service. However, CBIC cautions against a 'one-size fit all' approach and emphasizes the need for a nuanced examination of each specific arrangement. The tax implications may differ based on the nature of the contract and terms and conditions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ATlCDFS
>

Comments

Popular posts from this blog

BTS members Jin and Jungkook unveil their postcard messages to ARMY as they gear up for ‘BE’ release 

Salman Khan reveals the three villains of Radhe-Your Most Wanted Bhai; says they made the film look stronger and bigger

Dia Mirza admits Rehnaa Hai Terre Dil Mein had sexism in it