NASSCOM STATEMENT ON AUTHORITY OF ADVANCE RULING ON BACK OFFICE SUPPORT SERVICES
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The recent ruling by the Authority of Advance Ruling (AAR) (in the case of M/s Vservglobal) has taken the industry by surprise as it seeks to treat services provided on “own account” basis as “intermediary” services. This could lead to unwarranted disputes and uncertainty in case of exports as once a service is treated as …