Intermediary – under GST
Intermediary – under GST Intermediary – a person who arranges/facilitates the supply between two persons in common parlance. As per Act, Intermediary means a broker, an agent, or any other person, by whatever name called, who arranges or facilitates the supply of goods or services or both, or securities, between two or more persons, but does not include a person who supplies such goods or services or both or securities on his own account. Service Provider: Intermediary/Agent/Broker. Service Recipient: Any person (In India / Outside India). Supply: Facilitation of main supply Why is Intermediary service an area of concern for taxpayers? Why do not companies want to be classified as intermediary? Why is it unjust to tax intermediary as per taxpayers? The Company carrying on business for recipients in non-taxable territory want to buy the reliefs of exports for themselves. If they get classified as intermediary, the place of supply falls in taxable territory by the specific inclusion