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Back-End IT Services Likely to Attract 18% GST
July 23, 2019
The majority of back-end services in the IT and ITeS sector, especially in the business outsourcing domain are likely to attract 18% GST since they don’t qualify as exports, the government said. This will have a huge impact on the service providers in after-sales support and back-end services.
The new order released by the Central Board of Indirect Taxes and Customs (CBIC) looks to reduce litigation and disputes related to export-related refunds. At present, exports attract zero GST rate and also have a provision for refunds.
Photo credit: markhillary on Visual hunt / CC BY
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